2023 Currency Rankings: CHF Emerges Strongest, JPY Weakest ...Middle East

forex live - News
2023 Currency Rankings: CHF Emerges Strongest, JPY Weakest
As 2023, comes to an end, the CHF is ending the day as the strongest of the major currencies while the JPY is the weakest. The CHF benefitted from flight to safety flows on the US banking crisis and global tensions, and then took a late year nose dive from around USDCHF 0.9100 to 0.8332 after the SNB continued to sell foreign currencies in an effort to dampen imported inflation. The USDCHF fell -8.94% on the year (stronger CHF). The EURCHF fell -6.10% (higher CHF). The CHFJPY saw the CHF strengthen by 18.2% - the biggest moving currency for the trading year.The JPY was the weakest. One need only look to central bank policy as the Bank of Japan kept rates steady in 2023 while the other cent

Hence then, the article about 2023 currency rankings chf emerges strongest jpy weakest was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( 2023 Currency Rankings: CHF Emerges Strongest, JPY Weakest )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News


Latest News