Franc falls as aid to Greece is approved

Note: This section contains information in English only.
Source: Bloomberg
The Franc fell to the lowest level in five weeks against the Euro as euro-zone's authorities approved financial aid to Greece, which reduced demand for safe-heaven assets. The Swiss currency slid 0.4% to 1.24544 per Euro, while it also dropped 0.5% against the U.S. Dollar to 96.83 centimes per greenback. The Switzerland's central bank still maintain a limit above which the Franc can not appreciate, which stands at 1.20 Euro.
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