Story here:
http://www.bbc.co.uk/news/business-30829917
At 11.30am this morning, the franc has strengthened 14% against the pound.
That's not going to help their ski industry!
Swiss Bank scraps currency cap
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Started by Bedrock barney in Switzerland 15-Jan-2015 - 9 Replies
Bedrock barney posted Jan-2015
slippy slidey snow......me likey!
OldAndy
reply to 'Swiss Bank scraps currency cap' posted Jan-2015
and a sandwich and bottle of water when transiting Geneva!
www
Snow dance !!! my snow dance on youtube
Wanderer
reply to 'Swiss Bank scraps currency cap' posted Jan-2015
Up 30% against Euro at the moment! It was already expensive but is not going to be prohibitive if these exchange rates hold :twisted:
Not nice for anybody already booked :twisted:
Not nice for anybody already booked :twisted:
Verbier_ski_bum
reply to 'Swiss Bank scraps currency cap' posted Jan-2015
Our ski industry is doing well enough. It has never been a cheap country anyway, so not much has changed. SNB stopped interventions to keep franc down so it went up. let's see what the value will be when dust settles. Day traders must be having a good day today.
Tony_H
reply to 'Swiss Bank scraps currency cap' posted Jan-2015
wow. This is mental, I bought some CHF at 10.55am this morning to take as pocket money for drinks and snacks. Does this mean I have done well out of this?
www
New and improved me
Verbier_ski_bum
reply to 'Swiss Bank scraps currency cap' posted Jan-2015
Excellent timing! I am also planning to buy some euros for summer travel as I hop to France quite often. I hardly ever do it, but 30% is 30% :)
Maccawell
reply to 'Swiss Bank scraps currency cap' posted Jan-2015
Hi, can anyone assist with the following: I am staying in Champery in Feb, and am just trying to make price comparisons on lift passes. I see that Avoriaz prices for a family of 4 over half term for 8 days is around 948. I cannot check on the Champery site as rather ominously " Online sales are temporarily unavailable". Is there any reason why I cannot buy the portes de soleil pass in France?
SwingBeep
reply to 'Swiss Bank scraps currency cap' posted Jan-2015
I'm not absolutely certain, but I think if you buy a pass in France it only allows you to accesses the lift system from the French side at the start of your days skiing. This is how it works in Zermatt / Cervinia. There is an article the local paper that states that they have reduced the price of lift passes on the Swiss side, see "LES STATIONS FORCEES DE BAISSER LES PRIX?" http://www.lenouvelliste.ch/fr/en-continu/articles/index.php?idContent=1400411
Topic last updated on 21-January-2015 at 20:00