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03-14-2008, 02:40 PM #1
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Dollar falls below parity vs Swiss franc
Dollar falls below parity vs Swiss franc
NEW YORK, March 14 - The dollar fell below parity with the Swiss franc for the first time on Friday as fears about more credit turmoil and a U.S. recession sparked broad selling of the U.S. currency.
The dollar fell to an all-time low of 0.9987 Swiss francs , according to electronic trading platform EBS. It last traded at 1.0026 francs.
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03-14-2008, 02:45 PM #2
That sucks, I remember traveling in Switzerland a few years ago you could get 1.6 Swiss Francs per dollar.
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