What caused change in the value of the swiss franc

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Based on this news highlight, what caused the change in the value of the Swiss franc and what was the effect the change relative to the US Dollar and the Euro? The CHF declined relative to the USD, but increased relative to the EUR because of high inflation. The CHF declined relative to both the USD and the EUR because of high inflation. The CHF strengthened relative to both the USD and the EUR because of an expectation of higher interest rates.

Reference no: EM133629796

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