Thursday, December 29, 2011

BankINTRO.com now on TWITTER!

Follow currency movements and important global banking news on twitter at BankINTRO.com

Swiss franc (CHF) is currently 60% overvalued to USD as measured by PPP, visit bankintroductions.com currency index for currency info.

Over the last 5 months, the CHF currency valuation has fallen from the 90 percent overvaluation to the USD to the current 60 percent valuation as measured by purchasing power parity. This is a significant haircut in valuation for a currency widely recognized for its historical safe haven mystique.