(Bloomberg) -- The Swiss franc erased gains versus
the euro and fell against the dollar after the central bank
raised its target interest rate by a quarter point.
The Zurich-based Swiss National Bank increased its three-
month Libor target rate by 25 basis points to 2.5 percent, the
highest since September 2001, matching the forecast of all 25
economists in a Bloomberg News survey.
Read more at Bloomberg Currencies News
the euro and fell against the dollar after the central bank
raised its target interest rate by a quarter point.
The Zurich-based Swiss National Bank increased its three-
month Libor target rate by 25 basis points to 2.5 percent, the
highest since September 2001, matching the forecast of all 25
economists in a Bloomberg News survey.
Read more at Bloomberg Currencies News
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