No 9

Bern, Switzerland

Family Riding in the Brienz Rothorn Railway with View of Lake Brienz, Brienz, Bernese Oberland, Canton of Bern, Switzerland. [Photo / IC]

In 2014, both the yen and the euro weakened markedly against the US dollar and Chinese renminbi, while the Swiss franc strengthened after the surprise lifting of its currency cap at the start of the year.

As a result, Zurich and Geneva have both moved up one place to occupy two of the five top spots in the rankings. Bern slid one place to ninth but only because of a strong showing from Shanghai, Beijing and Seoul.

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