Swiss National Bank

The outcome shows the central bank setting a higher bar for moving negative than for a standard rate cut

[ZURICH] The Swiss National Bank (SNB) is probably stepping into the market to weaken the franc, according to economists at UBS Group.

[ZURICH] The Swiss National Bank (SNB) held its benchmark interest rate at zero on Thursday (Sep 25), the lowest among major central banks, as it warned that US President Donald Trump’s tariffs had di...

The quarter-point reduction is the sixth consecutive move by officials

CASH is still the most accepted payment method for Swiss businesses, the Swiss National Bank (SNB) said on Wednesday (Oct 9), despite plans by some companies to reduce their acceptance of notes and co...

THE Swiss National Bank reduced interest rates by 25 basis points on Thursday (Sep 26), echoing steps to lower borrowing costs by the European Central Bank and US Federal Reserve, and left the door wi...

SWISS watchmakers urged the central bank and the government to support exporters by curbing the strength of the country’s currency as overseas sales slump.

The central bank also made a valuation gain of 12.2 billion francs on the 1,040 tonnes of gold it holds

THE Swiss National Bank’s next chairman will be Martin Schlegel, the government said on Wednesday (Jun 26), replacing long-serving boss Thomas Jordan when he steps down at the end of September.