US Dollar Hits New Low Against Swiss Franc

7 years 2 months 2 weeks ago Monday, August 08 2011 Aug 8, 2011 Monday, August 08, 2011 3:32:00 AM CDT August 08, 2011 in News
By: Associated Press

GENEVA (AP) - The U.S. dollar has hit a record low against the Swiss franc of 0.7485 centimes to the dollar -- a drop of almost 30 percent from a year ago.

The slump Monday came on the first day of European trading following the U.S. government debt downgrade last week.

The Swiss government was holding an emergency meeting Monday to discuss the current turmoil on the financial markets and how to deal with the increasingly valuable franc that is hurting Swiss exporters.

Shares in Swiss watchmaker Swatch Group were the worst performers among the 20-strong SMI bluechip index on the Zurich exchange.

Swatch shares were down 2.5 percent at 353.50 francs ($465.74), while shares of Swiss banks pushed the SMI as a whole into positive territory in morning trading.

Markets

HANG SANG: -455.57 -2.17% 20490.57

NIKKEI: -202.32 -2.18% 9097.56

SHANGHAI: -99.61 -3.79% 2526.82

More News

Grid
List
(CNN) - The United Nations' drug strategy of the past 10 years has been a failure, according to a major... More >>
1 hour ago Monday, October 22 2018 Oct 22, 2018 Monday, October 22, 2018 2:17:00 PM CDT October 22, 2018 in News
COLUMBIA - Prosecutors filed charges Monday against the driver of a car which crashed late Saturday, killing one person. ... More >>
2 hours ago Monday, October 22 2018 Oct 22, 2018 Monday, October 22, 2018 12:49:00 PM CDT October 22, 2018 in News
KANSAS CITY (AP) — The Missouri Republican Party says a miscommunication caused 10,000 voters in the state to receive mailers... More >>
4 hours ago Monday, October 22 2018 Oct 22, 2018 Monday, October 22, 2018 10:31:00 AM CDT October 22, 2018 in News
JEFFERSON CITY (AP) — The Missouri Supreme Court has allowed an injunction to remain in place against part of... More >>
5 hours ago Monday, October 22 2018 Oct 22, 2018 Monday, October 22, 2018 9:44:00 AM CDT October 22, 2018 in News
KANSAS CITY (AP) — Police say one person died and three people were injured when an off-duty Kansas City police... More >>
7 hours ago Monday, October 22 2018 Oct 22, 2018 Monday, October 22, 2018 7:48:00 AM CDT October 22, 2018 in News
COLUMBIA (AP) — Three black trailblazers at the University of Missouri have been honored on the Columbia campus. The... More >>
7 hours ago Monday, October 22 2018 Oct 22, 2018 Monday, October 22, 2018 7:36:12 AM CDT October 22, 2018 in News
COLUMBIA -The next Mega Millions drawing will take place the night of Oct. 23 at 10 p.m. central time. ... More >>
11 hours ago Monday, October 22 2018 Oct 22, 2018 Monday, October 22, 2018 3:57:00 AM CDT October 22, 2018 in News
COLUMBIA - The University of Missouri's 107th Homecoming has come and gone, but left behind a lot of clean up.... More >>
16 hours ago Sunday, October 21 2018 Oct 21, 2018 Sunday, October 21, 2018 10:34:00 PM CDT October 21, 2018 in News
HERMANN - Neighbors in the town of Hermann, Missouri are still grieving after a fatal accident involving a trolley killed... More >>
17 hours ago Sunday, October 21 2018 Oct 21, 2018 Sunday, October 21, 2018 10:01:00 PM CDT October 21, 2018 in News
COLUMBIA - The Missouri men’s basketball program suffered a crushing blow Sunday night when it was announced that sophomore power... More >>
19 hours ago Sunday, October 21 2018 Oct 21, 2018 Sunday, October 21, 2018 7:34:00 PM CDT October 21, 2018 in Sports
(CNN) - President Donald Trump announced Saturday that the US is pulling out of the landmark Intermediate-Range Nuclear Forces Treaty... More >>
23 hours ago Sunday, October 21 2018 Oct 21, 2018 Sunday, October 21, 2018 4:20:00 PM CDT October 21, 2018 in News
(CNN) - The Washington Post says Saudi Arabia's announcement about the death of contributing columnist Jamal Khashoggi is not an... More >>
1 day ago Sunday, October 21 2018 Oct 21, 2018 Sunday, October 21, 2018 2:28:00 PM CDT October 21, 2018 in News
COLE COUNTY - One man is dead after being ejected from his motorcycle during a crash Saturday night. Kin... More >>
1 day ago Sunday, October 21 2018 Oct 21, 2018 Sunday, October 21, 2018 9:15:00 AM CDT October 21, 2018 in News
PECULIAR - Fourth generation dairy farmer Jay Fogle is one of many Missouri milk cow operators who are struggling to... More >>
1 day ago Sunday, October 21 2018 Oct 21, 2018 Sunday, October 21, 2018 8:45:00 AM CDT October 21, 2018 in News
HERMANN - One person was killed and several people were injured in a crash involving a trolley, according to the... More >>
1 day ago Saturday, October 20 2018 Oct 20, 2018 Saturday, October 20, 2018 11:57:00 PM CDT October 20, 2018 in News
(CNN) -- President Donald Trump announced Saturday that the US is pulling out of the landmark Intermediate-Range Nuclear Forces Treaty... More >>
1 day ago Saturday, October 20 2018 Oct 20, 2018 Saturday, October 20, 2018 5:11:00 PM CDT October 20, 2018 in News
COLUMBIA – Nineteen members of Missouri Task Force One returned to Boone County Fire Protection District headquarters Saturday morning after... More >>
2 days ago Saturday, October 20 2018 Oct 20, 2018 Saturday, October 20, 2018 3:16:00 PM CDT October 20, 2018 in News
SPRINGFIELD (AP) — A man has been criminally charged days after a woman's body was found near Fellows Lake at... More >>
2 days ago Saturday, October 20 2018 Oct 20, 2018 Saturday, October 20, 2018 1:58:08 PM CDT October 20, 2018 in News
Columbia, MO
Broken Clouds 72°
4pm 69°
5pm 67°
6pm 65°
7pm 61°