Swiss National Bank

swiss banks

Swiss National Bank introduces negative interest rates

18/12/2014(0)
Minimum exchange rate reaffirmed, and target range for threemonth Libor lowered into negative territory The Swiss National Bank (SNB) is imposing an interest rate of –0.25% on sight deposit account balances ... Read More
ECB headquarters are pictured prior to the bank's monthly news conference in Frankfurt

SNB Threatening Negative Rate Awaits Draghi’s Next Move

09/12/2014(0)
Swiss National Bank officials have their eyes on one man: Mario Draghi. The prospect of the European Central Bank intensifying stimulus by purchasing government bonds has weakened the euro, ... Read More
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Dollar Rises to 7-Year High Versus Yen on Economy; Aussie Slides

01/12/2014(0)
The dollar rose to a seven-year high versus the yen before data forecast to show U.S. manufacturing outpaced global peers, reinforcing the outlook for higher interest rates in the world’s largest ... Read More
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Citi Sees Gold as Bitcoin Says Swiss Vote Makes No Sense

27/11/2014(0)
The initiative requiring the Swiss National Bank to hold a fixed portion of its assets in gold makes no sense, according to Citigroup Inc., which said the metal was the equivalent ... Read More
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PBC Signed Local Currency Swap Agreement with Swiss National Bank

22/07/2014(0)
With the approval of the State Council, the People’s Bank of China signed on July 21, 2014, an agreement on bilateral local currency swap with the Swiss National Bank ... Read More
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ECB extends US dollar liquidity-providing operations

17/06/2014(0)
The Governing Council of the European Central Bank (ECB), in cooperation with the Bank of England, the Bank of Japan and the Swiss National Bank, has decided to continue ... Read More
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