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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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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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