Sentences with phrase «francs with»

A Swiss start - up plans to hoover up 100 million Swiss francs with an unusual fund - raising — the latest sign of Switzerland's emergence as a crypto power.
Announced in May, the program lets citizens pay for government services of up to 200 Swiss francs with bitcoin.
«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.

Not exact matches

In response, the franc surged, with the common currency fetching as little as 0.86 franc in the immediate aftermath.
Last week, Credit Suisse kicked off the earnings season for European banks with a slightly disappointing net income of 779 billion Swiss francs for the three months to September 30.
Bombardier is embroiled in a dispute with Swiss Federal Railways (SBB) over a 1.9 - billion - Swiss - franc ($ 2.3 - billion) contract for 59 passenger trains.
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.
While holders of Swiss francs gained, those with sizeable holdings of euros or dollars against the franc would have suffered heavily.
Faced with a seemingly unstoppable currency, the Swiss have been holding the franc to a floor against the euro since last fall.
When Bitreserve first launched, customers could convert bitcoin into a range of different currencies, including the dollar, euro, franc, peso, pound, or metals like gold, silver, and platinum — but they had to start with bitcoin.
Its mid-term targets include buying rivals with 10 to 15 billion francs total worth of assets under management each year, which should bring assets under management to between 121 and 131 billion francs by 2008.
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.
The standing of the Australian dollar as a world currency is recognised by its inclusion in the first wave of currencies (along with the US Dollar, euro, yen, Swiss franc, pound and Canadian dollar) in the Continuous Linked Settlement System for foreign exchange settlement that is due to come into operation in 12 — 18 months» time.
KF: so it's interesting what's happening on the world trade frontier we're seeing this new age of protectionism becoming more and more prevalent with currency devaluation and recently the Swiss franc had a cap placed on it.
The franc was driven lower by the -0.75 % Swiss deposit rate along with the widespread expectation for the SNB to remain strongly committed to negative interest rates until after the ECB starts tightening.
The deal will create a combined company with a 24 percent market share in the travel retail sector and annual sales of 7.8 billion Swiss francs, or about $ 8.1 billion.
The Swiss franc and the yen also joined the party with gains of 1.4 and 1.0 percent respectively.
That compared with 20.5 billion Swiss francs of net inflows in the same period last year.
«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.
Despite the fact that sterling has given that weakened against the dollar, the currency market place volatility has ongoing this yr, notably with the Swiss franc and the euro.
I think it is true to say that there has not been a lot of unhedged foreign currency borrowing occurring among Australian corporates since the days of the «Swiss franc loans» of the mid-eighties, but I will postpone discussion of that topic until I deal with foreign debt in the second half of this talk.
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.
Uncertainty surrounding the Italian political situation, however, triggered renewed defensive franc demand on Monday with EUR / CHF near 1.1520 as global equities also retreated.
We maintained our defensive currency hedge and ended the quarter with approximately 15 % of the Swiss franc exposure hedged.
As of the recent quarter end, the Fund's Australian dollar and Norwegian krone hedges decreased to 23 % and 10 %, respectively, and with the currency movement due to the unpegging of the Swiss franc to the euro in January 2015, our Swiss franc exposure increased slightly to 29 %.
Then, the financial crisis of 2007 - 2008 hit the global markets and the yen ascended in relation to most other currencies, with the Swiss franc being one notable exception.
The LFE Platform will use the Ripple and Stellar networks, with Bitcoin, Ethereum and Ripple all accepted, together with bank transfers of British pounds, Euros, US dollars, Australian dollars and Swiss francs.
There was the devaluation of the CFA franc, the structural adjustment programme with the disengagement of the State, the process of decentralisation.
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.
Coming home drunk on another occasion, he demanded 200 francs from his mother and attacked her with a saber when she didn't deliver.
Granit Xhaka + Age — 24 Contract — 30.06.2021 Can't explain the compulsion to compare Xhaka with Gilles Grimandi but it does show how Wenger has made his name off budget buys, like the # 3m paid for a 7/10 player like Gilles Grimandi, rather than splashing the Francs on targets whose reputation precedes them.
The Spanish champions were originally issued with a ban for two transfer windows along with a fine of 450,000 Swiss francs
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.
He soon had to deal with a revolt by financial markets, weakening of the franc, businesses moving abroad and angry voters.
This is more than two month's salary in Cameroon (with average monthly income for an employed person at 30,000 CFA Francs).
Fillon wants total spending on research to increase from 160 billion francs (# 20 billion) to 200 billion francs over the next decade, so that France can catch up with Japan and the US.
Their caution reflected the heavy costs of Napoléon's previous quest for glory: more than 900,000 French soldiers dead, and a depleted national treasury now saddled with millions of francs of reparations due the Allies.
CEPH's involvement in gene mapping goes back to 1980 when Jean Dausset, a Nobel prizewinning immunologist and geneticist, set up the institute with a 50 million franc bequest from a wealthy art collector.
Swiss researchers found in one 2008 study that flu viruses, which typically survive for a couple days on Swiss francs, can survive up to 17 days if accompanied by mucus — spelling trouble for folks who handle cash after someone else with a runny nose handled it.
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.
Celine agrees to accompany him with just a few francs in their pockets between the two of them.
In an interview with Nintendo World Report, Nintendo's Kensuke Tanabe and Risa Tabata as well as Vanpool's spoke about the origins of the franc...
That makes Félicité one of the experiences I craved most from this edition of the NYFF: something like a Dardenne brothers movie, but with a driving beat, a goofy love story, and the interpolation of some mysterious, blue - tinted images of orchestral performances and forest settings to remind me that Félicité's mental world isn't all slums and soggy francs.
By the time he figures out something must be amiss, she has vanished along with nearly 28 million francs from his bank account.
The Japanese yen and Swiss franc are often referred to as «safe havens» similar to gold (they generally have +20 % -40 % correlation with the precious metal).
Should the currency of one of these Eastern European countries depreciate significantly against the Euro or franc, roughly half the bank's customers will find their borrowings balloon uncontrollably in comparison with their own assets and earnings.
With regard to my stocks in euro, the devalutaion against the Swiss franc was very negative, causing the same effect as if there was a dividend cut of 25 % regarding all my European holdings.
My portfolio is denominated in Swiss franc and I hold major positions in EUR, USD and GBP so there might be some devations e.g. with regard to my projections concerning YoC due to exchange rate fluctuations.
The Pyramis researchers explain that the US dollar, euro and Swiss franc tend to have negative correlation with the global equity markets.
Europe's the real exposure, with 70 % of AUME denominated in Swiss francs & euros, vs. a mostly sterling cost base.
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