GenevaLunch » currency fluctuations http://genevalunch.com Community Newspaper Online Fri, 25 May 2012 22:00:00 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://creativecommons.org/licenses/by-nc-nd/3.0/ Copyright © GenevaLunch 2010 editor@genevalunch.com (GenevaLunch) editor@genevalunch.com (GenevaLunch) http://genevalunch.com/wp-content/plugins/podpress/images/powered_by_podpress.jpgGenevaLunchhttp://genevalunch.com 144 144 Community Newspaper Online GenevaLunch GenevaLunch editor@genevalunch.com no no Swiss central bank expects CHF10b profithttp://genevalunch.com/blog/2010/01/21/swiss-central-bank-expects-chf10b-profit/ http://genevalunch.com/blog/2010/01/21/swiss-central-bank-expects-chf10b-profit/#comments Thu, 21 Jan 2010 09:04:11 +0000 Ellen Wallace http://genevalunch.com/?p=35675 GenevaLunch.com Zurich, Switzerland (GenevaLunch) – The Swiss National Bank expects to see a “large profit” of CHF10 billion for 2009, thanks to the rapid rise in the price of gold and currency fluctuations during the year. The valuation of the gold  holdings of the central bank rose by CHF7.3 billion during the year, with the price [...]

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]]> http://genevalunch.com/blog/2010/01/21/swiss-central-bank-expects-chf10b-profit/feed/ 1 Swiss central bank results boosted by gold, improved marketshttp://genevalunch.com/blog/2009/11/13/swiss-central-bank-results-boosted-by-gold-improved-markets/ http://genevalunch.com/blog/2009/11/13/swiss-central-bank-results-boosted-by-gold-improved-markets/#comments Fri, 13 Nov 2009 08:57:30 +0000 Ellen Wallace http://genevalunch.com/?p=31507 GenevaLunch.com Zurich, Switzerland (GenevaLunch) – The Swiss National Bank (SNB) had cumulative profits for 2009 of CHF6.9 billion at the end of September 2009  thanks to the continuing high price of gold, improvements in financial markets and low interest rates that resulted in valuation gains in both gold and foreign currency investments. Gold accounted for CHF3.8 [...]

Swiss central bank results boosted by gold, improved markets © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2009/11/13/swiss-central-bank-results-boosted-by-gold-improved-markets/feed/ 0 Travel blues for Kuoni in first six months 2009http://genevalunch.com/blog/2009/08/20/travel-blues-for-kuoni-in-first-six-months-2009/ http://genevalunch.com/blog/2009/08/20/travel-blues-for-kuoni-in-first-six-months-2009/#comments Thu, 20 Aug 2009 11:49:46 +0000 Sean Ecker http://genevalunch.com/?p=25492 GenevaLunch.com Zurich, Switzerland (GenevaLunch) - Switzerland’s largest travel agent, Kuoni, said it lost CHF51 million in the first six months of 2009, against revenues of CHF26m in the same period of 2008. The global financial crisis, the economic downturn, the negative effects of currency fluctuations, and the incipient swine flu epidemic all contributed to a difficult [...]

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]]> http://genevalunch.com/blog/2009/08/20/travel-blues-for-kuoni-in-first-six-months-2009/feed/ 0 Swiss National Bank says CHF4.3b loss not touched by UBS bailouthttp://genevalunch.com/blog/2009/03/04/swiss-national-bank-says-chf43b-loss-not-touched-by-ubs-bailout/ http://genevalunch.com/blog/2009/03/04/swiss-national-bank-says-chf43b-loss-not-touched-by-ubs-bailout/#comments Wed, 04 Mar 2009 08:34:32 +0000 Ellen Wallace http://genevalunch.com/?p=13231 GenevaLunch.com Zurich, Switzerland (GenevaLunch) – The Swiss National Bank announced Wednesday that it ended 2008 with a loss of CHF4.7 billion, in sharp contrast to 2007, where it made a profit of CHF8 billion. The loss was due in large part to significant currency fluctuations but also to shifts in the gold market. The SNB went [...]

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