Swiss exports buck franc strength with record monthly trade surplus

March 22, 2016 8:12 AM

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ZURICH, March 22 Switzerland posted a record monthly trade surplus in February, data showed on Tuesday, supported by strong sales abroad of its price-resilient pharmaceutical and chemical products.

Switzerland, home to two of the world's largest pharma firms, Novartis and Roche, ran a trade surplus of 4.07 billion Swiss francs ($4.2 billion) last month, the customs office said.

Also read: How Switzerland Lost a Currency Battle, but Won the War

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