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  Last updated : 04, December'08
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Swiss franc falls vs euro as euro recovers
 

Zurich (Reuters) - The Sowiss franc fell against the euro on Friday as the euro zone's single currency recovered from recent weakness, which was caused by concerns about slowing growth in the euro zone.

"The euro's recent steep fall was exaggerated. We are now seeing the anticipated recovery," said Ronald Plasser, analyst at Austrian RZB, adding that the trend was likely to continue in the short-term.

The franc was higher against the dollar as investors await more news regarding the future of troubled U.S. investment bank Lehman Brothers.

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