Switzerland's trade surplus increases more than expected

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Source: Forexpros

Swiss trade surplus increased more than expected last month, according to official data. The trade balance widened to CHF3.00 billion last month as compared to CHF2.16 billion in October. Analysts expected the figure to be CHF2.47 billion. After the data release, the Swiss Franc appreciated against the USD and the pair USD/CHF is currently traded at 0.9371, edging down 0.02%.

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Tue, 20 Dec 2011 09:45:03 GMT

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