BR100 Decreased By (-0.07%)
BR30 Decreased By (-0.29%)
KSE100 Decreased By (-0.04%)
KSE30 Decreased By (-0.05%)
AGHA 6.74 Increased By ▲ 0.06 (0.9%)
BECO 4.41 Increased By ▲ 0.04 (0.92%)
BML 57.03 Decreased By ▼ -0.29 (-0.51%)
BOP 30.30 Decreased By ▼ -0.05 (-0.16%)
CNERGY 13.14 Increased By ▲ 0.02 (0.15%)
CSIL 5.35 Decreased By ▼ -0.06 (-1.11%)
FCCL 52.78 Decreased By ▼ -0.01 (-0.02%)
FFL 14.64 Decreased By ▼ -0.08 (-0.54%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.11 Increased By ▲ 0.02 (0.33%)
KOSM 6.15 Increased By ▲ 0.42 (7.33%)
LOTCHEM 26.50 Increased By ▲ 0.04 (0.15%)
MLCF 93.20 Increased By ▲ 0.04 (0.04%)
NBP 164.89 Increased By ▲ 0.23 (0.14%)
NCPL 55.55 Decreased By ▼ -0.11 (-0.2%)
NPL 60.70 Decreased By ▼ -0.46 (-0.75%)
OGDC 315.44 Decreased By ▼ -1.29 (-0.41%)
PACE 9.94 Increased By ▲ 0.07 (0.71%)
PAEL 35.51 Decreased By ▼ -0.12 (-0.34%)
PIBTL 14.85 Increased By ▲ 0.17 (1.16%)
PPL 224.70 Decreased By ▼ -2.21 (-0.97%)
PRL 93.10 Increased By ▲ 0.08 (0.09%)
PTC 60.10 Decreased By ▼ -0.16 (-0.27%)
SSGC 23.78 Decreased By ▼ -0.03 (-0.13%)
TBL 8.76 Increased By ▲ 0.01 (0.11%)
TELE 7.87 Increased By ▲ 0.07 (0.9%)
TPL 22.35 No Change ▼ 0.00 (0%)
TPLP 12.85 Decreased By ▼ -0.12 (-0.93%)
TREET 22.16 No Change ▼ 0.00 (0%)
TRG 56.52 Decreased By ▼ -0.04 (-0.07%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Markets

Euro rises 1pc on day versus Swiss franc

LONDON : The euro rose 1 percent on the day against the Swiss franc on Monday, with the franc under pressure on the thre
Published Updated
Save
1 min
Comments
By Shoaib Ur Rehman
Add BRecorder as a trusted
source on Google
Google Preferred Source

euroLONDON: The euro rose 1 percent on the day against the Swiss franc on Monday, with the franc under pressure on the threat of action by Swiss banks to curb its recent strength and with stocks set for a positive open in Europe.

Banking giant UBS said on Friday it could charge clients a fee on deposits in a bid to discourage them from using some accounts to hoard the safe haven currency during financial market volatility.

The euro was last up 1.1 percent at 1.1820 francs on trading platform EBS. The dollar also rose in thin trade, last up 0.9 percent at 0.8133 francs .

 

Copyright Reuters, 2011

 

Comments

Comments are closed for this article.

More Stories

Browse all stories