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With prices rising while incomes are shrinking due to the Covid-19 lockdowns, working people are struggling to afford the barest necessities. - VnExpress International

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(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The Swiss National Bank may say it, and valuation metrics may show it, but traders are unconvinced the franc has gotten too strong. The haven currency’s surge to a nine-month high against the euro has brought its valuation back into focus among investors. Yet the central bank’s own data on real effective exchange rates show that the franc has shed most of its premium seen at the he...

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The Swiss National Bank may say it, and valuation metrics may show it, but traders are unconvinced the franc has gotten too strong. The haven currency’s surge to a nine-month high against the euro has brought its valuation back into focus among investors. Yet the central bank’s own data on real effective exchange rates show that the franc has shed most of its premium seen at the he...