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Swiss franc edges past 1.10 to euro

Published Tue, Jun 7, 2016 · 09:50 PM

London

THE Swiss franc strengthened past 1.10 to the euro for the first time in more than a month on Tuesday with some dealers citing speculation of a boost from a Polish mortgage conversion scheme and pressure on Swiss officials to intervene less.

A council advising Polish President Andrzej Duda on tackling the problems of many households in repaying now-expensive franc loans is due to announce fresh proposals at 1500 GMT.

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