Franc Weakens Against Dollar, Euro After Report Currency Target Discussed
The franc weakened after SonntagsZeitung reported over the weekend that the Swiss government and the central bank are in “intense” talks over setting a possible target for the currency, citing unidentified people close to the situation.
The dollar bought 76.81 yen from 76.71 yen and was at $1.4266 per euro from $1.4248.
To contact the reporter on this story: Garfield Reynolds in Sydney at firstname.lastname@example.org
To contact the editor responsible for this story: Garfield Reynolds at email@example.com