• Swiss National Bank: M3 money supply climbs 1.9% in July

Market news

21 August 2015

Swiss National Bank: M3 money supply climbs 1.9% in July

The Swiss National Bank (SNB) released its money supply data on Friday. M3 money supply climbed at an annual rate of 1.9% in July, after a 2.1% in June.

M1 money supply was up 0.7% year-on-year in July, after a 0.8% gain in June.

Official reserves rose to $600.6 billion in June from $599.8 billion in May.

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