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US Dollar vs. Swiss Frank

The currency pair of USD/CHF is sometimes referred to as the 'Swissie'. CHF is an abbreviation for 'Confoederatio Helvetica' Franc and is representative of the imperial nation’s economic situation. The Swiss Franc is the only remaining Franc circulating in Europe. For a long time now, Switzerland has been an important bank for international customers due to the discrete nature of the services the country provides. This has given substantial power to the Swiss Franc, putting pressure on the nation’s exporters.