Daily pound to franc (GBP/CHF) open, high, low, close price up to December 7, 2023
Inflation in the United Kingdom - as measured by the Consumer Price Index (CPI) reached double digit figures during the summer.
The pound was worth significantly less Swiss francs on September 23, 2022, after the UK announced plans to introduce trickle down economics. Financial markets responded unfavorably to these measures - which benefit the most wealthy parts of society in the United Kingdom - as they were interpreted as an "experiment" where the outcome would be "uncertain".