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Switzerland February foreign currency reserves CHF 770.6 bn vs CHF 784.4 bn prior

Switzerland February foreign currency reserves CHF 770.6 bn vs CHF 784.4 bn prior
  • Prior CHF 784.4 bn; revised to CHF 785.3 bn

After a change in policy stance to hiking interest rates and no longer stating that the franc is 'overvalued', Swiss foreign reserves are continuing to fall with the latest drop last month reflecting the lowest levels since March 2020.

This article was written by Justin Low at www.forexlive.com... Read More
Posted: Mar 7 2023, 08:01
Author Name: forexlive
Views: 110536

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