The "mysterious" decrease in the course of the Swiss Frank was associated with the problems of Russian billionaires due to sanctions
This week, the Swiss Frank, who has a reputation as a protective asset during the shocks in financial markets, demonstrated an unusual decline. Frank sank to the euro to the minimum level since January 2015. At the same time, the profitability of the two -year bonds of Switzerland on Thursday increased to a month of peak, while the rates of similar papers in Germany fell (an increase in the profitability of bonds indicates, recall, a decrease in their reliability).