Sentences with phrase «francs at»

Nestle shares, which hit an all - time high of 57.50 francs ahead of solid first - quarter results last week, fell 3.06 percent to 55.35 francs at 0800 GMT as they traded ex-dividend, compared with a 1.11 percent weaker European food and beverage index.

As a matter of fact the French government has reduced the value added tax on theme parks from 18.6 % to 7 %, lent 4 billion francs at preferential rates and provided 2.7 billion francs in infrastructure improvements, such as highways and rail roads.

The prospect of a smaller investment, and the preliminary status of talks, sparked a drop in Swiss Re's shares, which were down 3.2 percent at 93.28 Swiss francs at 1010 GMT.

That's why the Swiss National Bank announced in 2011 that it would cap the franc at 1.2 euros.

A US based trader might sell $ 10 million versus the Brazilian real at 2.4000 for BRL 24,000,000 and at the same time buy $ 10 million versus the Swiss franc at CHF 0.9000 for CHF 9 million — both deals in the spot market.

Not exact matches

Jon Cox, head of European consumer equities at Kepler Cheuvreux, discusses the sectors that will be hard - hit by the Swiss National Bank's move to end the franc's euro peg.

LONDON — The staggering ascent in the Swiss franc, one of the most acute moves in decades by a major currency, has hurt financial firms around the world, with at least two brokerages going out of business.

The peg, which was introduced in Sept. 2011, was an attempt to halt the rise of the franc — a traditional haven currency for investors — against the euro at a time when the eurozone debt crisis was at its height.

«The SNB clearly expected to see a huge surge of inflows in the week ahead and saw little reason to provide these buyers of francs with an artificially cheap rate,» said Simon Derrick, chief currency strategist at BNY Mellon.

The dollar initially plunged by a similar amount, though it also recouped some of its kneejerk losses to trade 15 per cent lower at 0.8884 francs.

«What we are now observing is a clear exchange rate overshoot — the franc is clearly overvalued at these levels.»

As for the British example at the end of the 19th Century, in those days currency was part of reserve accumulation, but much if not most reserves were in the form of gold or silver, and while Britain had the most important reserve currency, the difference between central bank holdings of sterling and central bank holdings of other gold - based currencies, like the franc, were pretty small relative to total trade.

The World Trade Francs is a fictional «stablecoin» invented by Buterin, most likely to poke fun at the idea of creating a cryptocurrency that isn't subject to the extreme volatility that cryptocurrencies have become associated with.

HNA planned to float Gategroup in Zurich around March or April in a deal valuing the firm at about 2 billion Swiss francs including debt, sources close to that deal said.

Last week, Hong Kong billionaire Joseph Lau paid 48.6 million Swiss francs ($ 48.4 million) at Sotheby's in Geneva for a 12.03 - carat blue diamond, the most spent on a jewel at auction.

At the end of the 1970s, Canadian municipalities managed to save a few tenths of a percentage point of interest by borrowing in d - marks and Swiss francs.

Profit before tax at wealth management was 1.1 billion Swiss francs ($ 1.1 billion), just under the company - compiled estimates of 1.2 billion francs.

Since dividends every period had zero expected value, the fundamental value of the asset was constant at 360 francs.

Approximately 33 % of the Swiss franc and 18 % of the Australian dollar were hedged at quarter - end.

The Swiss bank said quarterly pre-tax profit at its global wealth management division grew by 20 percent year - on - year to 1.1 billion Swiss francs.

«In the current situation, a further appreciation of the Swiss franc would constitute a very substantial threat to the Swiss economy, and would carry with it the risk of deflationary developments,» Jordan said at a conference in Zurich today.

At the recent quarter end, we had hedged 26 % of the Fund's Australian dollar, 42 % of the Norwegian krone, 36 % of the Swiss franc and 16 % of the Swedish krona exposures.

At quarter - end, approximately 75 % of the Fund's Swiss franc, 74 % of the Japanese yen and 19 % of the euro exposures were hedged.

In 2011, I acquired 18 non-voting shares of Roche at a price of around Swiss Francs 135 (CHF; trades more or less at parity to the USD).

The Swiss government argued that to allow the franc to continue at such an elevated level would hurt Swiss exporters and create a drag on their earnings.

As of quarter end, the franc was trading at 0.91, a 26 % change in value relative to the U.S. dollar, in less than two months.

At age ninety and with no heirs, Jeanne agreed to sell her apartment to Raffray for the price of a low monthly subsistence payment of 2,500 francs.

The franc broke past parity against the euro to trade at...

At the recent quarter end, we had hedged 35 % of the Fund's Australian dollar, 51 % of the Norwegian krone, 25 % of the Swiss franc, 7 % of the Japanese yen and 30 % of the Swedish krona exposures.

In addition, many companies in those lands financed their domestic businesses by borrowing Swiss francs, euros and other hard currencies at lower rates than in their own inflation - prone countries.

The removal of the cap, which had pinned the currency at 1.20 francs per euro, caused a significant drop in the euro versus the Swiss franc.

At the time, I blogged about how much pegging the franc to the euro would hurt Swiss - related investments.

Approximately 34 % of the Swiss franc was hedged at quarter end.

At quarter - end, approximately 44 % of the Fund's Japanese yen and 42 % of the Swiss franc exposures were hedged.

As the European crisis continues, investors are increasingly converting their euros into Swiss francs, and at an accelerating pace.

This work, in 1997, led rice producers to «block» their rice, to refuse to deliver it to the national collection company which was buying a kilo of rice at a price lower than the cost of production at 112 francs CFA.

He knows how much the different versions of the first edition of Ulysses cost in francs, pounds, and dollars, how much Eliot received from all sources for publishing The Waste Land and how that compares with the per capita income of the United States at the time, and how much Ezra Pound's first book had increased in value by 1924.

Maggi generated sales of about 3 billion francs ($ 4.1 billion) to 4 billion francs last year, estimates Jean - Philippe Bertschy, an analyst at Bank Vontobel AG.

Partly to counter this, the Swiss campaigned for a basic income pitched at 2,500 Swiss francs (approximately $ 2250, # 1,750 or USD2, 555).

This is more than two month's salary in Cameroon (with average monthly income for an employed person at 30,000 CFA Francs).

«At last, we know there was a hybridization, possibly a chance cross» between Cabernet franc and Sauvignon blanc.

Montagnier said he would set up three centres for clinical trials of AIDS treatments in Paris, California and Cote d'Ivoire, at a start - up cost of some 180 million francs (# 20 million) and annual operating costs of 150 million francs.

Wernery calculates that at today's market price for aerogel, a single square metre of a brick wall would generate additional costs of around 500 francs.

Currently condoms are sold in pharmacies at 4 francs each (about 50 pence).

Her daughter was seated at another little machine, and was merely making a little alteration in the hole which her mother had drilled; and six hundred of such holes must be made before they could earn three francs.

At that time, it is understood that Bally had more than 400 million Swiss francs ($ 411 million) in annual sales.

Instead she hires a twenty - year - old pretty orphan, Francine (Iris Bry), discovers that she's as good as any man in the field, and retains her beyond the harvest season with a one - year contract at forty francs a month.

The last sold at auction for 1.87 million Swiss francs (about US$ 2m).

Soon after the announcement, the euro was trading at just above the 1.20 Swiss franc target after earlier being at around 1.10 francs.

Eight companies contributed to my passive income from stocks in the amount of 287 Swiss Francs (trades more or less at parity to the USD).