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Print Print edition: 2011-03-05

Swiss franc jumps

Published Updated

Swiss franc pushed back from a two-week low against the euro and rose against the dollar on Friday after Swiss National Bank Vice-Chairman Thomas Jordan said low interest rates were not sustainable in the medium term. The franc clawed back some of the ground lost the previous session against the euro compared to the New York close, rising 0.2 percent to 1.2985 francs per euro. The franc climbed 0.2 percent against the dollar, trading at 0.9299 francs per dollar.

Copyright Reuters, 2011

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