The Swiss franc is expected to strengthen over the next 10 years, according to Peter Brezinschek, a strategic economist at Raiffeisen Bank.
The Swiss franc strengthened in 2009 and then again in 2011, resulting in a rise of the Swiss franc against the Polish złoty from PLN 2 to PLN 3.4. Brezinschek said the price of the Swiss franc to the euro could reach CHF 1.1 in 2023, down from the current CHF 1.21.