Mar 28, 08:30 AM

Swiss National Bank Vice President: No Target for Franc Exchange Rate, $25 Billion Forex Sales, Inflation Eases

The Swiss National Bank, as stated by Vice President Martin Schlegel, does not have a target for the franc exchange rate. Additionally, the SNB sold $25 billion worth of forex in the fourth quarter but reduced forex sales as inflation eased.

#Swiss National Bank #Martin Schlegel #SNB

Written with ChatGPT (GPT-3).

Sources

Reuters Business@ReutersBiz
1 year ago
SNB pares back forex sales in fourth quarter as inflation cools https://t.co/QNb2rcGT6K https://t.co/b6eVFxVgUT
Reuters Business@ReutersBiz
1 year ago
SNB sold $25 bln worth of forex in fourth quarter https://t.co/Ni6QEQJ1Ht https://t.co/s0pSp5k6xE
Alessandro Speciale@aspeciale
1 year ago
The Swiss National Bank has no target for the franc exchange rate, Vice President Martin Schlegel said. https://t.co/JMZIGrhbAm via @economics @bbenrath #switzerland

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Swiss National Bank Vice President: No Target for Franc Exchange Rate, $25 Billion Forex Sales, Inflation Eases

Sources

Additional media

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