Swiss exporters hurt by rise in value of Swiss franc

Al Jazeera English 2012-08-22

Views 14

High growth, low unemployment and public debt, all seem to point towards the Swiss Franc being a safe bet.

However, with the rest of the global markets in turmoil, a strong Swiss franc is having an effect on the people of Switzerland, and their businesses.

It has now become too expensive for people overseas to purchase Swiss cheese, for example, so they switch from buying Swiss Emmenthal to an Emmenthal produced elsewhere.

Al Jazeera's Nick Spicer reports from Zurich, Switzerland.

Share This Video


Download

  
Report form