Freezing rain is impacting most of New Brunswick on Monday morning, excluding parts of the Fundy coast. Ice accumulation of 5 ...
This was the fifth successive cut since the SNB started lowering rates from 1.75% a year ago. Markets see no further ...
The rate cut aims at preventing a further decline in Swiss inflation, which eased to 0.3% in February, its lowest level in ...
The US Federal Reserve (Fed), the Bank of England (BoE) and the Swiss National Bank (SNB) will be the next major banks to announce their decisions on interest rates in the next two days. Earlier today ...
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Over the year as a whole, foreign currency purchases totalled CHF1.2 billion, as can be seen in the SNB’s annual report published on Tuesday. Purchases slowed down in the final quarter.
Switzerland’s central bank purchased foreign exchange worth about 100 million francs ($113 million) from October to December, according to Bloomberg calculations based on full-year SNB data ...
For all of 2024, the SNB purchased 1.2 billion francs worth of foreign currency, it said in its annual report. That compares with sales of 132.9 billion francs the previous year. Story Continues ...
Getting admission to one of the best national girls schools in Kenya is the dream of every female student sitting for the KCPE exams. Besides being assured of good results in KCSE, national schools ...
FXF physically holds CHF in a custodial account in Switzerland, so its underperformance shortly after SNB's sub-zero rate policy period started makes sense; it captures the compounding effect ...
Since the SNB's surprise 50 basis point rate cut in December, inflation has declined further toward the lower bound of the central bank's target range of 0-2%, hitting a near four-year low of 0.3% ...