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Swiss franc hits lowest since 2015; US$ gains ground
Published Thu, Jul 27, 2017 · 09:50 PM
London
THE Swiss franc's fall to its weakest since the collapse of an official cap in 2015 dominated major currency markets on Thursday, and the dollar recovered from a fall to 2½ year lows.
The franc, held largely steady for the past two years between capital seeking the security of Switzerland and a campaign of official intervention against the currency, had already fallen almost 2 per cent this week.
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