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SNB sold roughly $150 billion worth of foreign currencies in the whole of 2023

SNB sold roughly $150 billion worth of foreign currencies in the whole of 2023

  • In Q4, they sold CHF 22.7 billion worth of foreign currencies and that was the lowest among all the other quarters
Justin Low
Justin Low
Tuesday, 19/03/2024 | 06:29 GMT-0
19/03/2024 | 06:29 GMT-0
News

Swiss industry pleads to the SNB to factor in economic situation in making policy decision

Swiss industry pleads to the SNB to factor in economic situation in making policy decision

  • The stronger franc currency is hurting Swiss manufacturing exports in particular
Justin Low
Justin Low
Monday, 18/03/2024 | 06:50 GMT-0
18/03/2024 | 06:50 GMT-0
Central Banks

Martin Schlegel a likely candidate to replace Swiss National Bank's Jordan

Martin Schlegel a likely candidate to replace Swiss National Bank's Jordan

  • Jordan has spent 27 years at the Swiss National Bank
Adam Button
Adam Button
Friday, 01/03/2024 | 13:14 GMT-0
01/03/2024 | 13:14 GMT-0
Central Banks

SNB chairman Thomas Jordan to step down from his position at the end of September 2024

SNB chairman Thomas Jordan to step down from his position at the end of September 2024

  • Jordan says that "now is the right time for me to step down", without elaborating further
Justin Low
Justin Low
Friday, 01/03/2024 | 06:27 GMT-0
01/03/2024 | 06:27 GMT-0
Central Banks

SNB's Schlegel: We do not think that cash will disappear from use in Switzerland

SNB's Schlegel: We do not think that cash will disappear from use in Switzerland

  • Remarks by the SNB vice chairman, Martin Schlegel
Justin Low
Justin Low
Friday, 23/02/2024 | 08:54 GMT-0
23/02/2024 | 08:54 GMT-0
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