Markets

Dollar hits fresh record low vs Swiss franc, falls vs euro

LONDON : The dollar fell broadly on Tuesday, hitting a fresh all-time low against the safe-haven Swiss franc and also di
Published July 26, 2011

dollarLONDON: The dollar fell broadly on Tuesday, hitting a fresh all-time low against the safe-haven Swiss franc and also dipping against the euro as investors fretted US politicians would fail to reach a compromise on deadlocked debt talks and trigger a default.

The greenback slumped to 0.7997 francs on trading platform EBS, while the euro rose 1 percent on the day to a high of $1.4522.

 

Copyright Reuters, 2011

 

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