Swiss National Bank

SWISS NATIONAL BANK NEWSROOM (5 press releases)

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Swiss National Bank opens branch in Singapore

PRESS RELEASE -- 20, December 2012

Zurich, 20-12-2012 — /europawire.eu/ — Against the background of the sharp expansion in foreign exchange reserves and the growing importance of Asian financial markets, the Swiss National Bank (SNB) has decided to open a branch in Singapore, to ensure a more efficient … Read the full press release

Switzerland’s international investment position in 2011

PRESS RELEASE -- 20, December 2012

International investment position increases – Growth in foreign assets greater than that in foreign liabilities Zurich,  20-12-2012 — /europawire.eu/ — In 2011, the international investment position was shaped by the financial account and falling share prices. In contrast to the previous … Read the full press release

Central banks extend swap arrangements until February 2014

PRESS RELEASE -- 19, December 2012

Zurich, 19-12-2012 — /europawire.eu/ — The Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank today are announcing an extension of the existing temporary U.S. dollar liquidity swap arrangements through February 1, … Read the full press release

Swiss National Bank maintains minimum exchange rate

PRESS RELEASE -- 18, December 2012

Monetary policy assessment of 13 December 2012 Berne, 18-12-2012 — /europawire.eu/ — The Swiss National Bank (SNB) is leaving the minimum exchange rate of CHF 1.20 per euro unchanged. The Swiss franc is still high. An appreciation of the Swiss franc would … Read the full press release

ECB extends the existing swap arrangements with other central banks

PRESS RELEASE -- 13, December 2012

13-12-2012 — /europawire.eu/ — The Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve and the Swiss National Bank are today announcing an extension of the existing temporary US dollar liquidity swap arrangements until 1 February 2014. Previously, … Read the full press release