by George Dorgan
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Summary:
The Swiss National Bank carried out foreign exchange interventions totaling 67.1B Swiss francs in 2016 in order to counter “an undesired tightening of monetary conditions,” the central bank disclosed in its annual report. That was down from 86.1B francs in 2015, when the SNB intervened heavily at the start of the year following its decision to remove a cap on the franc’s value against the euro. SNB Sight Deposits are a proxy of SNB interventions - Click to enlarge Download PDF. Tags: Featured,newslettersent
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George Dorgan considers the following as important: Featured, newslettersent, SNB
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The Swiss National Bank carried out foreign exchange interventions totaling 67.1B Swiss francs in 2016 in order to counter “an undesired tightening of monetary conditions,” the central bank disclosed in its annual report. That was down from 86.1B francs in 2015, when the SNB intervened heavily at the start of the year following its decision to remove a cap on the franc’s value against the euro. SNB Sight Deposits are a proxy of SNB interventions - Click to enlarge Download PDF. Tags: Featured,newslettersent
Topics:
George Dorgan considers the following as important: Featured, newslettersent, SNB
This could be interesting, too:
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 SNB Sight Deposits are a proxy of SNB interventions - Click to enlarge |
Tags: Featured,newslettersent