Franc’s relentless rise alarms Swiss companies
Safe haven currency’s bull run triggers fears about impact on sales and profits
Safe haven currency’s bull run triggers fears about impact on sales and profits

Alpine currency at strongest level since 2015 shock appreciation, putting pressure on central bank

Swiss groups are involved in deals across sectors, defying currency moves and US tariffs

If the US currency continues to slide with cuts in interest rates, countries will be forced to take action

Political turmoil and tax threats have accelerated investment flows to havens, asset managers say

Surge in value of Swiss franc amid US-driven trade war and lagging inflation has complicated policymaking

Lender argues that proposals to significantly increase requirements have already cost investors $40bn