Bloomberg News

Swiss Franc Rises Versus Dollar, Euro Amid Debt Crisis Concern

October 20, 2011

Oct. 21 (Bloomberg) -- The Swiss franc climbed against the euro and the dollar as investor confidence ebbed in the ability of European leaders to resolve the euro region debt crisis, increasing demand for safer assets.

The franc advanced 0.6 percent from yesterday to 88.87 centimes per dollar at 10:36 a.m. in Tokyo. It rose 0.5 percent to 1.2253 francs per euro.

To contact the reporter on this story: Masaki Kondo in Singapore at mkondo3@bloomberg.net

To contact the editor responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net


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