Short answer
The Swiss franc strengthens as a safe-haven currency — when investors worry about geopolitics, banks or global growth.
Why is the Swiss franc strong?
What happened
CHF hit multi-year highs against the euro and dollar.
Why it happened
Switzerland has low inflation, a stable government, and a massive current-account surplus — perfect safe-haven ingredients.
Why investors care
The franc is one of the world's clearest fear gauges.
How it affects ordinary people
Travellers to Switzerland pay more. Swiss exporters get squeezed.
FAQ
Why is Switzerland a safe haven?
Political neutrality, deep banking system, low debt and stable inflation.
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