15 June 2001, 11:16  Swiss franc firmer in early trade

ZURICH, June 15 - The Swiss franc continued to strengthen in early trade on Friday, rising against both the dollar and Swiss franc.
The dollar had weakened on Thursday after the U.S. National Association of Manufacturers called on the U.S. government to relax its strong dollar policy.
The dollar fell even though the U.S. Treasury said Secretary Paul O'Neill still backs its long-standing stance on the dollar.
UBS Warburg said in its daily market newsletter that a decision by the Swiss National Bank on Thursday to leave interest rates unchanged, despite expectations it would ease, should support the franc against the euro.
* The dollar slipped to 1.7680/7686 francs in early trade from 1.7790/96 francs late on Thursday.
* The euro dipped to 1.5253/5255 francs compared with 1.5271/73 francs late on Thursday.

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