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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.
Thursday, December 29, 2011
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