Why is it said the Swiss currency is as stable as its country?

        Have you ever heard of the concept of ‘happy countries’ in the world? For those who haven’t, here is it- as per the World Happiness Index, people in some countries are relatively happier and safer compared to others.

       Switzerland is one country that has always been at the top of the list of happiness. It is also believed to be among the most ‘stable’ nations in the world, in terms of politics economy.

       Its currency, the Swiss franc is considered the safest investment by investors across the world, due to the stability of its government and financial system. It is the Swiss National Bank that issues banknotes and coins in the country since 1907. Before that, there were many independent bodies producing coins locally. Today, the Swiss franc is used as a reserve currency in many countries.