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Print Print edition: 2011-07-23

Swiss franc falls

Published Updated

The Swiss franc fell against the euro on Friday, with riskier assets broadly helped by news European leaders agreed on a package to rescue debt-stricken Greece.
The euro rallied to a two-week high against the dollar in Asian trade, and both Swiss and European shares are set to open higher after an emergency summit of leaders of the 17-nation currency area pledged to conduct a second bailout of Greece with an extra 109 billion euros ($157 billion) of state funds.
The franc was down 0.4 percent against the euro compared with the New York close, trading at 1.1815. The franc was down 0.5 percent against the dollar at 0.8200.

Copyright Reuters, 2011

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