Loans in Swiss francs could become more tempting - Azi

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Loans in Swiss francs could become more attractive considering that the franc could strengthen to 1.58 francs against the euro in December, from 1.6211 francs at present, according to an exchange rate forecast released by Raiffeisen Bank.

According to analysts at the Austrian bank, if the exchange rate falls below 1.6 Swiss francs/euro, people could start to take out loans in Swiss francs, with the anticipated depreciation of the European currency in 2009 to have a positive effect on the franc....

Read the whole story in: Ziarul Financiar