Swiss Franc Hits Strongest Versus Euro in More Than Six Years
The cross of the Swiss national flag sits on Swiss franc banknotes in an arranged photograph in Bern, Switzerland, on Saturday, March 14, 2020. Pressure is intensifying on the Swiss National Bank to join policy makers around the world who’ve cut interest rates and increased stimulus in response to the coronavirus outbreak. Photographer: Stefan Wermuth/Bloomberg
, Bloomberg
Kristine Aquino, Bloomberg News
(Bloomberg) -- The Swiss franc rose to the highest level against the euro in more than six years Monday, amid broad declines in the common currency.
The franc climbed 0.2% to 1.0326 per euro, a level last seen in June 2015. It has rallied 0.8% against the common currency in the past month, the third-biggest gain among Group-of-10 peers.
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