Swiss national bank loss 2015

50 billion loss for the Swiss National Bank

31/07/2015 By Le News

The Swiss National Bank (SNB) reported a CHF 50.1 billion loss for the first half of 2015. The loss is largely driven by changes in the Swiss franc value of the assets it owns. The rise in the value of the Swiss franc following the dropping of the euro cap in January 2015 means foreign […]

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