The Swiss National Bank revealed on Tuesday that it sold 132.9 billion Swiss francs ($149.51 billion) worth of foreign currency in 2023, showcasing its elevated […]
Tag: Swiss Franc
Swiss National Bank Posts $3.62 Billion Annual Loss in 2023 Due to Currency Appreciation and Monetary Policy Adjustments
In 2023, the Swiss National Bank (SNB) reported an annual loss of 3.2 billion Swiss francs ($3.62 billion), attributing it to the appreciation of the […]