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Franc Strengthens As SNB Retains Rate Near Zero, EUR/CHF Floor At 1.20

6/14/2012 3:33 AM ET

As widely expected, the Swiss National Bank retained its interest rate close to zero and the EUR/CHF floor at 1:20. The Swiss franc edged higher against its major rivals following the decision. As of 3:32 am ET, the franc was trading at 1.2013 against the euro, 1.4805 versus the pound, 83.07 against the yen and 0.9563 against the dollar.

by RTT Staff Writer

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