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The Swiss franc ticked lower on Friday as traders eyed the meeting of G-20 leaders in South Korea for signs of agreement on exchange rate policies. Currency markets have been volatile in recent months as concerns emerged that leaders of major economies could use economic policy to push their own currencies lower to boost exports and domestic employment.
The franc was some 0.3 percent softer against the euro compared to the New York close, trading at 1.3508 francs per euro. The franc dipped 0.1 percent against the dollar to 0.9685 per dollar.

Copyright Reuters, 2010

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