The euro fell to a lifetime low against the Swiss franc on Monday after comments from a Swiss central bank official bolstered the market's view the country was winding down intervention to stem strength in its currency.

The euro EURCHF= fell as low as 1.3432 francs according to Rueters data, hitting its weakest since the single currency's launch in 1999.

Against the dollar, the franc CHF= rose to 1.0870 francs per dollar, its strongest since early May.

Earlier in the day, Swiss National Bank board member Jean-Pierre Danthine was quoted in the d'agefi newspaper as saying deflationary risks had largely disappeared in Switzerland and Swiss exports have proven to be robust despite a strong Swiss franc.

(Reporting by Naomi Tajitsu)