Swiss National Bank's foreign exchange reserves fall to 521.888 billion Swiss francs in April

Market news

7 May 2015

Swiss National Bank's foreign exchange reserves fall to 521.888 billion Swiss francs in April

The Swiss National Bank's foreign exchange reserves decreased to 521.888 billion Swiss francs in April from 522.399 billion francs in March. It was the first monthly decline in 2015.

March's figure was revised up from 522.323 billion francs.

The decrease was likely driven by a weaker U.S. dollar.

OECD said the annual rate of inflation in its 34 members remained unchanged at 0.6% in March

European Union Economic and Monetary Affairs Commissioner Pierre Moscovici: Eurozone have to find a way to deal with the high public debt accumulated in 2008-2012

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.