Swiss National Bank's Reduced Foreign Exchange Sales Impact Franc's Rise

Swiss National Bank's Reduced Foreign Exchange Sales Impact Franc's Rise

By
Raphael Berger
1 min read

The Swiss National Bank tapered its foreign exchange sales in the fourth quarter, with a decrease from 37.6 billion francs to 20.3 billion francs. The shift affected the franc's rise against the euro, marking a noteworthy market development.

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