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Swiss shocker: Central banks aren't God; they can't revive growth without fiscal backing

Jan 20, 2015

Swiss shocker: Central banks aren't God; they can't revive growth without fiscal backing

The Swiss National Banks' decision to abandon the euro exchange rate ceiling last week shows the limits to central bank power in turning the tide against deflation, It is time for fiscal policy to step in. #Greece #Eurozone #Paul Krugman #Nouriel Roubini #Central banks #Grexit #Swiss Natinoal Bank #Swiss Franc-Euro Peg
Will rupee fall or rise in 2015? Don't be surprised if it's the latter

Dec 29, 2014

Will rupee fall or rise in 2015? Don't be surprised if it's the latter

The rupee fell 3 percent in 2014 against the dollar but it actually gained against the other hard currencies like the euro, the yen, the Swiss franc and the British pound. So a fall appears unlikely in 2015 #Euro #Smart Money #Exchange rates #Swiss franc #Japan Yen #British Pound #Rupee-US Dollar rate
Equities shine as investors move out of euro

Dec 12, 2012

Equities shine as investors move out of euro

Banks such as UBS and Credit Suisse are charging institutional depositors to accept deposits in Swiss francs. Consumers have to pay money to the banks (as much as 1 percent in some cases) to deposit money. #HowThisWorks #Credit Suisse #Euro #UBS #Swiss Francs
Swiss bank deposits: Indians 55th biggest clients

Jun 18, 2012

Swiss bank deposits: Indians 55th biggest clients

While India accounted for only 0.14 percent of total foreign money in Swiss banks, the United Kingdom accounted for the largest share of little over 20 percent #Black money #NewsTracker #Swiss accounts #Switzerland #United Kingdom #Swiss franc
Indian deposits in Swiss banks grow first time in five years

Jun 14, 2012

Indian deposits in Swiss banks grow first time in five years

The funds, described by SNB as 'liabilities' of Swiss banks towards their clients from India, are the official figures disclosed by the Swiss authorities. #Black money #NewsTracker #Swiss National Bank #Swiss franc