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News 2026-10-08 10:55 UTC

Swiss Franc Weakens Amid Diverging Rate Outlooks

The Swiss franc weakened to 0.83 per USD, its lowest level in a week, remaining under pressure from short positions amid expectations of further monetary tightening across other major economies. Contrasting with other central bank's, the Swiss National Bank kept its key rate unchanged at 0% at its September meeting, wh