Economics

Switzerland Back on U.S. FX Watchlist; Franc Holds Near Highs

  • U.S. urged Switzerland ‘to adjust its macroeconomic policies’
  • Switzerland had been on monitoring list from 2016 to 2018
Photographer: Stefan Wermuth/Bloomberg
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The Swiss franc hovered near its strongest levels since 2018 as the U.S. Treasury Department added Switzerland back to its currency watch list.