Swiss National Bank Chairman Schlegel previously described the decline as a minor reversal to the currency's long term appreciation. He characterized the current drop as a small counter trend to the overall strengthening of the franc, suggesting the long term upward trajectory remains unchanged.
Tuesday, October 20, 2026
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Swiss Franc Hits First Low Since May 2025 Near 0.8300 against Dollar
Global Markets23 days ago
The domestic currency of Switzerland reached a new milestone of weakness against the US dollar during trading on Sunday. The franc fell to near 0.8300, marking the lowest exchange rate the currency has seen since May 2025, according to market data.
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