On 1 March 2011 the euro rate today traded at 1.2849 Swiss francs. This costs the equivalent of CHF 77.83 €-cents and is a little cheaper than listed in the previous week, when the federal currency at 78.71 euro cents had. Currently the price performance ratio for the currency € francs heavily influenced by inflation in the euro zone.
Thus the first estimate for the inflation rate in February 2011 was 2.4 percent. In January 2011 had an average inflation in the euro area stood at +2.3 percent, according to the European statistics agency Eurostat. The inflation rate for December 2010 was at +2.2 percent over same month last year. Consumer prices rise for months, more than two percent, endangering, according to Governing statutes to price stability.
interest rates
an early rate hike by the European Central Bank (ECB) could be the price € today carry upwards. A similar rate cut is by the Swiss National Bank (SNB) is currently not on the agenda. Price stability in the Confederation was not in the short term risk, SNB President Philipp Hildebrand said in an interview with the magazine "Sunday".
supporters of a tight monetary policy are of the opinion that the ECB would raise its key interest rate by the summer. The key interest rate in the euro zone is currently still historically low at 1.00 percent. In the Swiss Confederation, the National Bank had gone with the key interest rate to 0.25 percent down in the wake of the financial crisis.
is from a technical viewpoint, the € rate today in an uptrend since the beginning of 2011. Such was the price of € CHF 1.2434 1.3202 climbed to between 10 January 2011 and 11 February 2011. A pullback followed to 1.2705 and the recent rise in the euro-price performance.
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