SNB has bought foreign currency again for the first time since mid-2022

Published: Friday, Jun 28th 2024, 09:20

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In the first quarter of 2024, the Swiss National Bank (SNB) purchased foreign currency for the first time since mid-2022. From January to March, the central bank purchased the equivalent of CHF 281 million worth of foreign currency.

This is according to SNB statistics published on Friday. In the final quarter of 2023, as in the previous quarters, foreign currencies were sold, amounting to CHF 22.7 billion.

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