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Switzerland and the euro

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  • Georg Rich

Abstract

Switzerland is not a member of the European Union and, therefore, does not belong to the euro area. Nevertheless, the exchange rate of the Swiss franc against the euro has remained fairly stable. This stability does not imply that the Swiss National Bank pegs the exchange rate to the euro. On the contrary, the Swiss National Bank continues to pursue an autonomous monetary policy since monetary autonomy conveys various benefits to the Swiss economy. Copyright International Atlantic Economic Society 2000

Suggested Citation

  • Georg Rich, 2000. "Switzerland and the euro," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 28(3), pages 309-311, September.
  • Handle: RePEc:kap:atlecj:v:28:y:2000:i:3:p:309-311
    DOI: 10.1007/BF02298322
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    Cited by:

    1. Burkhard, Lukas & Fischer, Andreas M., 2009. "Communicating policy options at the zero bound," Journal of International Money and Finance, Elsevier, vol. 28(5), pages 742-754, September.
    2. Fischer, Andreas M., 2002. "Fluctuations in the Swiss Franc: What Has Changed Since the Euro's Introduction?," Journal of Public Policy, Cambridge University Press, vol. 22(2), pages 143-159, September.

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