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Swiss FX Reserves Rise As SNB Intervenes

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Swiss FX reserves hit another all-time high at it reached CHF 628bn in August, up 1.1bn compared to July. This is rather a small figures especially after last week’s sharp increase in domestic sight deposit which occurred after last week’s suspicious EUR/CHF spike. This modest expansion in foreign currency reserve[​IMG]

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