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Banking, Europe News, Switzerland News

Swiss Central Bank Profits Decline Amid Strong Franc

April 25, 2025April 28, 2025
ae
Swiss Central Bank Profits Decline Amid Strong Franc

The Swiss National Bank reports a drop in Q1 profits as foreign currency investments falter, despite gains in gold value. The Swiss National Bank (SNB) has recently reported a significant decline in its net profit for the first quarter of the year, primarily due to the adverse effects of a strong Swiss franc on its...

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