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Latest Central Banking news and updates from Switzerland. AI-curated articles covering Central Banking topics.
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After a minor loss in Q1, economists at UBS forecast the Swiss National Bank (SNB) will return to significant profitability, projecting a Q2 profit between CHF 19 and 24 billion, largely due to a strong rebound in its equity portfolio.
about 1 month ago · 1 source
Finance
The Swiss National Bank (SNB) has reported a CHF 0.5 billion loss for the first quarter of the year, primarily driven by a CHF 8.2 billion loss on its foreign currency positions. The loss was partially offset by a CHF 7.8 billion gain on its gold holdings.
SWI swissinfo.ch
