SNB’s Maechler:Central bank has sold forex in recent quarters

Market news

22 June 2023

SNB’s Maechler:Central bank has sold forex in recent quarters

Swiss National Bank (SNB) governing board member Andrea Maechler said on Thursday, “SNB has sold forex in recent quarters.”

Further comments

“We will also sell foreign currency in the future if this is appropriate for monetary policy.”

“We also remain ready to buy forex if there is excessive appreciation pressure on the Franc.”

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