Dollar falls below Swiss franc

[FrankRep]

Dollar falls below parity vs Swiss franc

Yahoo

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.
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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.


SOURCE:
http://sg.news.yahoo.com/rtrs/20080314/tbs-markets-forex-swiss-franc-7318940.html

[cageybee]

s frank has been gaining on EUR, GBP, and USD. It seems like everyone is putting their money into the safe haven.

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