AGL 38.50 Decreased By ▼ -1.08 (-2.73%)
AIRLINK 127.94 Decreased By ▼ -3.28 (-2.5%)
BOP 6.97 Increased By ▲ 0.16 (2.35%)
CNERGY 4.50 Decreased By ▼ -0.21 (-4.46%)
DCL 8.30 Decreased By ▼ -0.14 (-1.66%)
DFML 38.75 Decreased By ▼ -2.72 (-6.56%)
DGKC 78.80 Decreased By ▼ -3.29 (-4.01%)
FCCL 31.80 Decreased By ▼ -1.30 (-3.93%)
FFBL 70.84 Decreased By ▼ -2.03 (-2.79%)
FFL 12.12 Decreased By ▼ -0.14 (-1.14%)
HUBC 107.49 Decreased By ▼ -3.25 (-2.93%)
HUMNL 13.76 Decreased By ▼ -0.75 (-5.17%)
KEL 4.90 Decreased By ▼ -0.29 (-5.59%)
KOSM 7.25 Decreased By ▼ -0.36 (-4.73%)
MLCF 37.45 Decreased By ▼ -1.45 (-3.73%)
NBP 68.08 Increased By ▲ 4.07 (6.36%)
OGDC 184.75 Decreased By ▼ -8.07 (-4.19%)
PAEL 24.72 Decreased By ▼ -0.96 (-3.74%)
PIBTL 7.28 Decreased By ▼ -0.06 (-0.82%)
PPL 146.25 Decreased By ▼ -7.82 (-5.08%)
PRL 24.70 Decreased By ▼ -1.13 (-4.37%)
PTC 16.98 Decreased By ▼ -0.83 (-4.66%)
SEARL 79.20 Decreased By ▼ -3.10 (-3.77%)
TELE 7.37 Decreased By ▼ -0.39 (-5.03%)
TOMCL 32.50 Decreased By ▼ -0.96 (-2.87%)
TPLP 8.15 Decreased By ▼ -0.34 (-4%)
TREET 16.53 Decreased By ▼ -0.09 (-0.54%)
TRG 55.75 Decreased By ▼ -1.65 (-2.87%)
UNITY 27.80 Increased By ▲ 0.29 (1.05%)
WTL 1.31 Decreased By ▼ -0.06 (-4.38%)
BR100 10,294 Decreased By -210.5 (-2%)
BR30 30,323 Decreased By -903.6 (-2.89%)
KSE100 96,519 Decreased By -1560.8 (-1.59%)
KSE30 30,032 Decreased By -526.4 (-1.72%)

The Swiss franc rose early on Friday as the dollar showed weakness against major currencies across the board, while data supported a picture of a healthy Swiss economy. The franc has also gained this week from a warning by the country's top central banker Jean-Pierre Roth, who said on Wednesday that monetary policy might need tightening if the weak franc stoked inflation.
"We expect the uncertainty regarding to (the dollar) to prevail and have lowered our medium target to 1.12 (franc per dollar) by the second quarter of 2008," UBS economist Reto Huenerwadel said in a note. The franc was 0.3 percent stronger against the dollar at 1.1658 franc per dollar.
Against the euro, the franc was roughly 0.1 percent stronger, changing hands for 1.6688 franc per euro, moving off to record lows around 1.6828 per euro hit against the single currency last week.

Copyright Reuters, 2007

Comments

Comments are closed.