Swiss Franc Is Still Overvalued, SNB’s Zurbruegg Tells Aargauer

Swiss Franc Is Still Overvalued, SNB’s Zurbruegg Tells Aargauer

Valentin Flauraud/Bloomberg

While the Swiss franc has depreciated 1.4 percent against the euro this year, it’s still 11 percent stronger than the five-year average and 27 percent above an October 2007 low of 1.6828.