Euro hits 3-week high against Swiss franc

LONDON Mon Dec 3, 2012 5:08am EST

LONDON Dec 3 (Reuters) - The euro rose to a three-week high against the Swiss franc on Monday, buoyed by lower yields on euro zone peripheral bonds and as investors unwound bets against the single currency.

The euro hit a high of 1.20660 francs on trading platform EBS, up 0.1 percent on the day and moving away from the Swiss National Bank's floor of 1.20 francs imposed in September 2011.

(reporting by Anirban Nag)