Swiss Franc depreciates on signs European debt crisis eases

Note: This section contains information in English only.
Source: Bloomberg
The Swiss Franc was lower by 0.7% to 1.2461 per Euro in the end of London trading session on Thursday. This level was the lowest since May, 2011, as the Mario Draghi, the ECB President, said that there are noticeably higher capital inflows in the EU region. The Swiss Franc depreciated by 2% this year, the second largest drop after Yen, on signs that European debt crisis is easing, sapped demand for safe haven assets and increased for risky assets.

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