The Swiss franc fell against major currencies on Tuesday ahead of key Swiss inflation data as some risk appetite returned on news that Citigroup would sell a stake to the Abu Dhabi government. Citigroup on Tuesday said it would sell a $7.5 billion stake to the investment arm of the Abu Dhabi government in a deal that would offer a shot of funds to the bank.
The franc was 0.3 percent lower versus the dollar at 1.0992 per dollar, well off a record high of 1.0899 hit last week. Against the euro, the franc was 0.2 percent weaker at 1.6337 per euro.