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Swiss franc
Swiss franc definition - finance
The
currency of Switzerland, which is known as a safe haven for investors. Switzerland
is a politically neutral country that has not adopted the euro. If political or
financial turmoil affects the United States or Europe, traders and investors
often sell the U.S. dollar or euro and buy Swiss francs. Its trading symbol is
CHF. Liechtenstein also uses the Swiss franc.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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