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Print Print edition: 2011-03-19

Swiss franc up versus yen

Published Updated

The Swiss franc rose sharply against the yen on Friday after the Group of Seven agreed on rare joint intervention to weaken the Japanese currency. There were no signs the Swiss National Bank was selling yen and the SNB declined to comment on whether it was intervening in forex markets.
The franc was trading 2.5 percent higher against the yen. The Swissie was 0.8 percent lower against the euro compared to the New York close, and was down 0.5 percent against the dollar.

Copyright Reuters, 2011

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