Swiss franc predicted to reach one to one with euro
Daniel Kalt says the one to one level may be reached in a few years.
In January 2015 the Swiss National Bank ditched its policy to keep the franc at 1.20 – and is now tolerating a gradual increase in value.
Speaking to the financial news site, cash.ch, Kalt says it would be a stroke of luck if the common European currency settled between €1.05 and €1.10.
A strong franc means Switzerland’s exports are more expensive.