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Swiss watchmakers mull over raising prices on surging franc

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Published Wed, Jan 21, 2015 · 09:50 PM

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    Geneva

    SWITZERLAND'S luxury watchmakers are considering raising prices on their timepieces in the eurozone by up to 7 per cent due to the ballooning franc, but they are in no rush, industry insiders have hinted.

    Watchmakers gathered at a luxury watch show in Geneva this week were eager in public to put on a strong face after the Swiss central bank's shock decision last Thursday to let the franc float.

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