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This million-dollar watch is actually made of Swiss CHEESE

06:47 PM | 22 Jan, 2017
This million-dollar watch is actually made of Swiss CHEESE
ZURICH - A luxury Swiss watchmaker has made a watch that costs a million dollars and has a case made from genuine Swiss cheese.

It may sound like a joke, but the watch is genuine, and the motivation behind it is very serious. The timepiece was made by Swiss jewellers H. Moser & Cie in response to new laws in the country, which means only 60 per cent of their parts have to be produced domestically.

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Despite the fact that Moser watches are entirely made in Switzerland - apart from the straps, which are made in Italy - the company announced that this year it is removing the “Swiss-made” label from all of its watches in protest.

The independent luxury watchmaker argues that the regulations are so loose, and the enforcement of them so lax, that it is possible to have so-called Swiss-made watches that are in fact largely produced elsewhere, notably in the Far East.

Company's CEO Edouard Meylan said: "Our watch sends a clear message to the Swiss watchmaking industry, the authorities and watch enthusiasts; the Swiss Made label is meaningless.

"Worse than this, it gives credibility to the worst abuses in our industry.

"Our response to this lax and insufficient label is derision."

The watchmaker decided to highlight the issue by making a watch emphasizing the importance of Swissness, and what could be more Swiss than cheese?

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The aptly named Swiss Mad Watch is a one-off piece and is going on sale for 1,081,291 Swiss francs (almost £900,000) a symbolic price that references the signing of the Swiss Federal Charter in August 1291.

For those put off by the high price - or the lactose content - there is also a non-cheese version available for £15,500. It has the same in-house, hand-wound movement but a case made not from Swiss cheese, but from white gold.

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The company will donate money made from the sale of the watch to keep independent watchmakers in the business.

The writer is a member of the staff.

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 22 May 2024

 Pakistani currency rates against US Dollar and other currencies on May 22, 2024 (Wednesday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 280.05 for selling.

Euro moved down to 297 for buying and 300 for selling while British Pound rate is 349 for buying, and 352.5 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 22 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.15 277.15
Euro EUR 297 300
UK Pound Sterling GBP 349 352.5
U.A.E Dirham AED 75.2 75.95
Saudi Riyal SAR 73.45 74.2
Australian Dollar AUD 183 184.8
Bahrain Dinar BHD 740.34 748.34
Canadian Dollar CAD 203 205
China Yuan CNY 38.51 38.91
Danish Krone DKK 40.52 40.92
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 903.3 912.3
Malaysian Ringgit MYR 59.34 59.94
New Zealand Dollar NZD 170.11 172.11
Norwegians Krone NOK 25.92 26.22
Omani Riyal OMR 723.13 731.13
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.98 26.28
Swiss Franc CHF 305.97 308.47
Thai Bhat THB 7.67 7.82

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