The Swiss National Bank has halved interest rates, causing the Swiss Franc to drop! In this video, I’ll explain:
✅ Why this happened.
✅ What it means for the EUR/CHF exchange rate.
✅ When might be the best time to exchange!

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ELP SA, based in Chiasso, Switzerland. ELP SA is an authorized financial intermediary in Switzerland. All financial intermediaries based in Switzerland must affiliate with a self-regulatory organization or obtain authorization from the regulatory authority to conduct their activities. ELP SA is affiliated with the self-regulatory organization PolyReg. PolyReg is a recognized association by the Swiss Confederation as a self-regulatory organization (SRO) under Article 24 of the Anti-Money Laundering Act (AMLA). The association fulfills legal supervisory and control tasks towards its affiliates based on its own regulations and is subject to supervision by the Swiss Financial Market Supervisory Authority (FINMA). Additionally, ELP SA, through a member of its management, holds the financial fiduciary license according to the Law on the Exercise of Fiduciary Professions (LFid). The company also holds a professional liability insurance policy covering potential financial damages up to 1.5 million Swiss Francs.

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