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Swiss National Bank

Swiss National Bank

Acronym
SNB
Entity Type
Central Bank
Link
Website
Location
Zurich
Founding Date
7/17/1906

The Swiss National Bank is the Central Bank of Switzerland

  • The banks balance sheep became bigger than Switzerland's GDP in 2016
  • When global investors buy Swiss Francs  as a safe haven, the bank prints more francs and buys
    • With those euros, the bank diversifies into other global currencies and assets (including stocks)
    • Almost 95% of SNB assets are in foreign holdings (2018)
    • The purchases help to dilute the Franc and bring the relative price down

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