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The Swiss National Bank conducts the country’s monetary policy as an independent central bank. It is obliged by the Constitution and by statute to act in accordance with the interests of the country as a whole. Its primary goal is to ensure price stability, while taking due account of economic developments. In so doing, it creates an appropriate environment for economic growth.

Articles by SwissNationalBank

1000-Franc Note Enters Circulation Today

6 days ago

Updated SNB banknote app available
Issuance of the new 1000-franc note presented a week ago begins today, 13 March. The Swiss National Bank’s ‘Swiss Banknotes’ app has now been updated to include the new note.
1000-Franc Banknotes Circulation Today – Click to enlarge
The app, which has been downloaded some 110,000 times, can be obtained free of charge from the Apple (itunes.apple.com) and Google Play (play.google.com) app stores. Anyone who has already downloaded the software can update it via the relevant app store. The app explains in an engaging way key information on the security features and interesting details about the design.
The augmented reality app operates with the camera of a smartphone or tablet. When

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Swiss National Bank releases new 1000-franc note

12 days ago

Fifth banknote in latest series showcases Switzerland’s communicative flair
The Swiss National Bank (SNB) will begin issuing the new 1000-franc note on 13 March 2019. Following the 50, 20, 10 and 200-franc notes, this is the fifth of six denominations in the new banknote series to be released. The current eighth-series banknotes remain legal tender until further notice.
The inspiration behind the new banknote series is ‘The many facets of Switzerland’. Each denomination depicts a typically Swiss characteristic, which is then illustrated graphically using a range of elements. The 1000-franc note focuses on Switzerland’s communicative flair, as expressed by language, the note’s key motif. Core design elements are the

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The SNB’s Karl Brunner Distinguished Lecture Series: Raghuram Rajan announced as next speaker

28 days ago

The Swiss National Bank (SNB) has named Raghuram Rajan as this year’s speaker for its Karl Brunner Distinguished Lecture Series. Professor Rajan has made outstanding contributions to both economic practice and economic research on the global stage. His roles have included Governor of the Reserve Bank of India from 2013 until 2016 and Chief Economist at the IMF between 2003 and 2006. He has held a professorship at the University of Chicago since 1995. In particular, Professor Rajan has distinguished himself through influential contributions to financial economics. In 2005, he warned the Jackson Hole central banking conference about the growing complexity of the financial system and the risks of a potential financial

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