Currency Alerts

Swiss Franc Strengthens After SNB Rate Decision

As widely expected, the Swiss National Bank retained its Libor rate zero and franc cap unchanged at 1.20. The franc edged higher against its major rivals after the SNB announcement.

As of 3:32 am ET, the franc was trading at 0.9289 against the US dollar, 105.29 against the yen, 1.4360 against the pound and 1.2314 against the euro.

by RTTNews Staff Writer

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