Swiss franc falls

09 Apr, 2011

The Swiss franc fell against the euro but pushed higher against the dollar on Friday as traders mulled the eurozone interest rate rise, a budget row that could hamstring the US government and another quake in Japan. Amid the flurry of international developments, Swiss unemployment for March ticked lower as expected, indicating the economy remains in rude health.
The franc was 0.2 percent lower against the euro compared to the New York close, trading at 1.3139 francs per euro and looks like ending the week more or less where it started. The franc climbed half a percentage point against the dollar to 0.9126 francs per dollar.

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