Swiss National Bank's foreign exchange reserves rose to 495.104 billion Swiss francs in December

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7 January 2015

Swiss National Bank's foreign exchange reserves rose to 495.104 billion Swiss francs in December

The Swiss National Bank's foreign exchange reserves increased to 495.104 billion Swiss francs in December from 462.669 billion francs in November, according to data on Wednesday. That is the result of the Swiss National Bank's (SNB) intervention in currency markets last month.

The SNB capped the franc at 1.20 per euro in September 2011. It had intervened heavily in 2012 to defend the cap.

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