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Part of Putin's money just got 45% boost because they were in Swiss frank. That's all. So Putin and his friends will just say "thanks, lol". Maybe it's not so l

Part of Putin's money just got 45% boost because they were in Swiss frank. That's all. So Putin and his friends will just say "thanks, lol". Maybe it's not so long story as in article, but article is just to far from reality, sorry.

dsl 12y ago
In numeric value, but not buying power. The "value" of that money is going down, and they will now have to pay about 1% a year to hold it overseas.
- DangerousPie 12y ago
  Only if you are buying in CHF. For anybody who holds money in CHF but spends EUR/RUB their money just became a lot more valuable.