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News
Swiss central bank
Swiss central bank News
Swiss central bank
27 Feb 2017
Cash no longer king? Swiss National Bank begs to differ
The Swiss central bank sought on Monday to allay fears among citizens that bank notes could eventually be phased out as a result of global money-laundering rules or the rise of alternative payment systems.
Swiss central bank
31 Jul 2015
Swiss central bank books record loss of 50 billion francs
The decision to scrap the limit sent the franc -- a refuge currency -- soaring in value against major currencies and unleashed turbulence on global markets.
Swiss banks
19 Jun 2015
Indian money in Swiss banks falls by over 10% to Rs 12,615 crore
This is the second lowest amount of funds held by Indians in the Swiss banks and follows an increase of over 40 percent in the previous year, 2013.
Swiss banks
18 Jun 2015
Money held by Indians in Swiss banks declines by 10.6% to Rs 12,615 crore
Money held by Indians in Swiss banks has declined by 10.6 percent to Rs 12,615 crore in 2014, as per the latest data released by the Swiss Central Bank.
Swiss economy
29 May 2015
Swiss economy shrinks 0.2% as exchange rate swing excoriates exports
Exports of goods fell by 2.3 percent as the Swiss franc jumped in value.
Swiss central bank
30 Apr 2015
Swiss central bank posts massive loss on soaring franc
The Swiss central bank said Thursday it had posted loss of 30 billion francs in the first quarter due to a jump in the franc`s value which led to huge exchange rate-related losses.
Swiss central bank
25 Feb 2015
Swiss central bank under scrutiny after franc shock
Six weeks after a fateful decision that blasted its currency skywards, Switzerland`s central bank is coming under intense scrutiny, with critics calling for changes to its insular policy practices and century-old ownership structure.
Switzerland
17 Jan 2015
Swiss central bank defends franc move despite turbulence
Switzerland`s central bank on Saturday stood by its shock decision to let the franc soar, insisting the subsequent turbulence rocking global markets and the Swiss economy since the move would eventually subside.
Switzerland
15 Jan 2015
Switzerland scraps euro rate cap, franc soars
The SNB had been defending the exchange rate floor since September 2011.
Gold
15 Jan 2015
Gold price jumps to 4-month high on tumbling shares after SNB move
U.S. gold futures for delivery in February rose 1.4 percent to $1,252.30 an ounce.
Swiss central bank
18 Sep 2014
Swiss central bank lowers growth outlook, holds key rate
The Swiss National Bank (SNB) maintained its target range for the franc`s three-month London interbank offered rate, known as the Libor rate, at between 0.0 and 0.25 percent.
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