The current account balance of the Swiss National Bank has increased, and the possibility of foreign exchange intervention
Current account balances rose by CHF1.7 billion ($1.8 billion) to CHF751.28 billion last week, the Swiss National Bank said on Wednesday. There is a possibility that the central bank is implementing foreign exchange intervention to curb the appreciation of the franc. It had increased by CHF2.5 billion last week. “In light of the increase in […]