
Swiss National Bank's Vice Chairman Schlegel emphasizes the importance of forex sales for the bank's operations, stating that without them, interest rates would have been raised. He also highlights the need to prioritize rebuilding the bank's capital over making payouts to the government. Schlegel mentions that the size of the SNB's balance sheet has no limit and that forex operations contribute to achieving price stability goals.
🔴 SNB'S VICE CHAIRMAN SCHLEGEL: THERE'S NO LIMIT TO THE SIZE OF SNB'S BALANCE SHEET.
Swiss National Bank's Schlegel says forex ops help price stability goal https://t.co/a24UkkfMpz https://t.co/z1vwMEnPPG
The Swiss National Bank must prioritize rebuilding its capital over making payouts to the government, Vice President Martin Schlegel says https://t.co/TjZls6COoa via @bbenrath https://t.co/KV1jgkn5hc




