See the current exchange rate between the Euro and the Swiss Franc. The Swiss economy is one of the more influential economies in Europe although Switzerland is not part of the European Union. The Swiss National Bank has much influence over the LIBOR, which is the interest rate given to banks for short-term loans to each other, and, therefore, has a great impact on the global economy. This currency pair could be affected by events relating to the international and European economies, such as central bank rate decisions, political events and others.