Tag Archives: 1.) SNB Press Releases

Today, the Swiss National Bank is opening the SNB Forum on the ground floor of its premises at Fraumünsterstrasse 8 in Zurich. This has been created as part of the mult i-yearrenovation of this building, and is open to the public. The SNB Forum’s content is aimed at an interested expert audience – visitors will be able to find out all about the National Bank at the site. In addition, the Forum will function as an issue and return point for literature from the SNB...

The Swiss National Bank (SNB) and the Bank for International Settlements (BIS) have today signed an Operational Agreement on the BIS Innovation Hub Centre in Switzerland. The Hub will identify and develop in-depth insights into critical trends in technology affecting central banking, develop public goods in the technology space geared towards improving the functioning of the global financial system, and serve as a focal point for a network of central bank experts on...

The Swiss National Bank has today published a focus article on its data portal entitled ‘Switzerland’s international investment position – breakdown of changes in stocks’ (data.snb.ch, Resources, International economic affairs, Focus articles). The article examines the extension of the data the SNB provides on Switzerland’s international investment position (IIP). In addition to information on the stocks in the IIP and the transactions in the financial account, the...

Current Account Key figures: Current Account: Down 2.07% against Q2/2018 to 21.3 bn. CHF of which Goods Trade Balance: Minus 1.52% against Q2/2018 to 14.24 bn. of which the Services Balance: Plus 0.85% to 4.72 bn. of which Investment Income: Minus 1.67% to 10.61 bn. CHF. Current Account Switzerland Q2 2019(see more posts on Switzerland Balance of Payments, Switzerland Capital Account, Switzerland Current Account, Switzerland Financial Account, ) Source: snb.ch...

Swiss National Bank leaves expansionary monetary policy unchanged and adjusts basis for calculating negative interest on sight deposits at SNB The Swiss National Bank is keeping the SNB policy rate and interest on sight deposits at the SNB at −0.75%. It remains willing to intervene in the foreign exchange market as necessary, while taking the overall currency situation into consideration. Furthermore, the National Bank is adjusting the basis for calculating negative...

SNB banknote app with information on all new denominations Issuance of the new 100-franc note presented a week ago begins today, 12 September. The complete version of the Swiss National Bank’s ‘Swiss Banknotes’ app is now also available. It has been updated to include the 100-franc note and features information on all six new denominations. The app, which has been downloaded some 123,000 times, can be obtained free of charge from the Apple (apps.apple.com) and Google...

The increasing volatility of SNB Earnings Annual results are not really definite. Given that the SNB accumulates foreign currencies with interventions, they have huge swings. But the SNB may lose 50 billion in one year and win 60 billion in the next year or vice verse. Good years of the Credit Cycle This trend was stopped in 2016, even without the need for a cap on the franc. But one should consider that we are in the...