18.11.2015 21:43:00
|
Switzerland, Government of -- Moody's: Switzerland's economic resilience underpins its credit profile, despite currency strength
London, 18 November 2015 -- While economic growth in Switzerland (Aaa stable) has slowed this year following the substantial Swiss franc appreciation, the economic impact of the exchange rate shock has been more muted than expected, an indication of the resilience of the Swiss economy, says Moody's Investors Service in a report published today. Moody's also expects that the country's public finances will remain strong over the next 12-18 months.