Swiss Q1 current account surplus narrows to 17 billion Sfr
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ZURICH (Reuters) - Switzerland's current account surplus narrowed to 17 billion Swiss francs ($17.96 billion) in the first quarter of 2020, the Swiss National Bank said on Monday, 3 billion francs less than in the same quarter of 2019. "This decline was principally due to trade in services, particularly licence fees, telecommunications, computer and information services, and business services," the central bank said.($1 = 0.9468 Swiss francs)