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Euro rises more than 1 pct vs franc, rise to fresh 13-mth high
January 14, 2013 / 7:50 PM / 5 years ago

Euro rises more than 1 pct vs franc, rise to fresh 13-mth high

NEW YORK, Jan 14 (Reuters) - The euro rose more than 1 percent against the Swiss franc, hitting a fresh 13-month high in mid-afternoon trading on Monday as worries about euro zone debt tensions eased, prompting investors to pare back positions on the safe-haven Swiss franc.

The euro rose as high as 1.2341 francs, its highest since December 2011. It was last at 1.2338, up 1.2 percent.

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