Strong Franc Gloom Deepens For Exporters – ValueWalk Premium

Strong Franc Gloom Deepens For Exporters

Strong Franc Gloom Deepens For Exporters by Matthew Allen, swissinfo.ch
With the sky-high franc showing no signs of returning to earth, task forces at export-oriented Swiss companies are busily working out ways to tighten belts and stay competitive in the face of the currency crisis.
Baumann Springs is one such small and medium-sized enterprise (SME). Unless it makes changes, the firm calculates it will lose around 10% of its turnover this year while its Swiss operations . . .

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