Swiss franc falls to 14-year low against the dollar

The Swiss franc has fallen to its lowest level against the dollar in 14 years after the franc closed at 1.82 to the United States' dollar after trading in Switzerland ended on Thursday.

This content was published on October 26, 2000 - 21:40

The American currency is gaining strength against the franc. Since last Friday, the dollar has risen from 1.78 to 1.82.

In July, the Swiss franc was trading at 1.67 against the green back. But on Thursday, the dollar's strength set a new 14-year record of 1.8274, with mild fluctuations.

Shadowing the Swiss franc's fall against the dollar, the euro is also taking a pummelling. The euro is trading at 1.50 to the franc.

General factors that have been influencing the stock market recently include the continued violence in the Middle East and a surge in crude prices, despite the Organisation for Petroleum Exporting Countries' (OPEC) pledge to boost production.

Meanwhile, the Swiss Market Index gained 26 points on Thursday to reach 7859 points, which is a 0.33 per cent rise.

swissinfo with agencies

In compliance with the JTI standards

In compliance with the JTI standards

More: SWI certified by the Journalism Trust Initiative

Contributions under this article have been turned off. You can find an overview of ongoing debates with our journalists here. Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at

Share this story

Change your password

Do you really want to delete your profile?