1. The franc had been under no pressure compared with the lira and the pound. 2. As with its neighbors, Bourgueil and St.-Nicolas-de-Bourgueil, cabernet franc is the prime red grape of Chinon. 3. A falling franc is good for Swiss exporters because they get more francs for their foreign revenue. 4. A weakening franc is good for exporters because they get more francs for their overseas revenue. 5. A weakening franc is good news for Nestle because it gets more francs for overseas revenue. 6. A weaker franc is good news for Clariant and other Swiss exporters because the value of its overseas revenue rises. 7. A thousand French Polynesian francs is the equal of a dollar. 8. A weaker franc is good news for Clariant and other Swy Caexporters because the value of its overseas revenue rises. 9. A weaker franc is good news for Clariant because the value of its overseas revenue rises. 10. But the Rwandan franc is now worth less than half of its prewar value. |