Latest data by the SNB - 29 January 2018
- Domestic sight deposits CHF 465.1 bn vs CHF 468.9 bn prior
Prior week's reading can be found here.
Sight deposits are basically the accounts of banks that sit with the SNB and account for a major portion of liquidity within the financial system. As mentioned in the calendar preview, this data point used to matter more back in the day as a proxy to look out for SNB intervention in EUR/CHF - but not anymore.
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