1, Swiss franc introduction: the face value of the coins in circulation in the Swiss money market is 5 cents, 10 cents, 20 cents, 50 cents, 1 Swiss franc, 2 Swiss francs, 5 Swiss francs. At present, the denominations of banknotes circulating in the Swiss currency market are 10 Swiss francs, 20 Swiss francs, 50 Swiss francs, 100 Swiss francs, 200 Swiss francs and 1000 Swiss francs.
2. Factors affecting the Swiss franc: The Swiss central bank has great independence in formulating monetary policy and exchange rate policy. Unlike most other central banks, the Swiss National Bank does not use specific money market interest rates to guide the monetary situation. Until the autumn of 1999, the central bank has been using foreign exchange swaps and repurchase agreements as the main tools to influence the money supply and interest rates. Due to the use of foreign exchange swap agreements, the management of currency liquidity has become the main factor affecting the Swiss franc. If the central bank wants to improve market liquidity, it will buy foreign currencies, mainly US dollars, and sell Swiss francs, thus affecting the exchange rate.