Swiss National Bank's foreign exchange reserves rose to 498.398 billion Swiss francs in January

Market news

6 February 2015

Swiss National Bank's foreign exchange reserves rose to 498.398 billion Swiss francs in January

The Swiss National Bank's foreign exchange reserves increased to 498.398 billion Swiss francs in January from 495.130 billion francs in December. December's figure was revised up from 495.104 billion francs.

Data indicates that the central bank may have intervened after discontinuing the 1.20 per euro exchange rate floor on January 15th.

The SNB declined to comment.

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