Swiss households saving more in face of currency losses

18th November 2011, Comments 0 comments ZURICH, SWITZERLAND - Swiss households reacted cautiously to the economic uncertainties of 2010 by putting more money into savings. Net worth financial assets + real estate - liabillities per capita increased by CHF6,000 to CHF341,000. Losses on investments linked to the strong Swiss franc and falling markets had an impact, but higher savings and rising [...]

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