3 ms·
> No, Swiss Franks do not pay dividends, that's why nobody is betting on the fact that Swiss Franks would be worth more in the future. They are (foreign curre
by iso1210 6y ago
> No, Swiss Franks do not pay dividends, that's why nobody is betting on the fact that Swiss Franks would be worth more in the future.
They are (foreign currency reserves), hence the swiss banks charging to store swiss franks. Indeed Hedge Funds (darlings of HN) make a killing out of currency speculation -- Black Wednesday and Brexit in the UK for example.
There's 61 currency funds listed here, I'm sure some are betting on swiss franks.
https://www.barclayhedge.com/databases/forex-database https://www.barclayhedge.com/databases/forex-database