LONDON, March 21 (Reuters) - The Swiss franc fell sharply against the dollar and hit its weakest since last July against the euro on Thursday, after the Swiss National Bank surprised the market with a 25-basis point rate cut.
Against the dollar, the Swiss franc CHF=EBS fell 1.1% after SNB policy decision to 0.8971.
The euro EURCHF=EBS rose by as much as 1.2% to 0.978, the most since July 2023.
