The tech stocks in danger as Switzerland moves to stabilize Franc

Once regarded as a safe-haven currency, the Swiss Franc has weakened to multi-year lows against the USD in 2022.

Now, after announcing its first rate hike since 2007 this week, Swiss National Bank Chairman, Thomas Jordan warned the central bank is “prepared to take the necessary measures in every situation” to ensure price stability of the Franc.

https://archive.ph/WSc4U

https://www.asiamarkets.com/the-tech-stocks-in-danger-as-switzerland-moves-to-stabilize-franc/