Switzerland faces economic strains as German trade cool
Switzerland is experiencing economic weakness due to reduced demand from its key trading partner, Germany,…
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Swiss National Bank (SNB)
Swiss c. bank to launch new banknote series
The Swiss National Bank (SNB) announced plans to develop its tenth banknote series, focusing on the theme of…
Swiss c.bank cuts policy rate by 25 bps
The Swiss National Bank (SNB) decided on Thursday to lower the SNB policy rate by 0.25 percentage points to 1.0 per…
US slowdown amid political, geopolitical uncertainty
US rate hikes in 2023 are showing effects on the labour market and demand, while political and geopolitical risks…
Swiss National Bank makes first rate cuts in 9 years
The Swiss National Bank has on Thursday cut its main interest rate by 25 basis points, the first-rate reduction…
Swiss National Bank to start rate cuts earlier than expected
The Swiss National Bank (SNB) is anticipated to initiate interest rate reductions earlier than previously…
Credit Suisse borrows $50bln from Swiss National Bank
Credit Suisse said on Wednesday it would borrow some 50 billion Swiss Franc ($53.7 billion) from the Swiss National…
Swiss National Bank’s annual loss reaches 132.5 bln francs
Swiss National Bank reported the biggest annual loss in the bank’s 115-year history of 132.5 billion Swiss francs…
Swiss central bank raises interest rates by 0.75%, ending era of negative rates
Swiss National Bank has raised its benchmark interest rate to 0.5 percent on Thursday, considers a shift that…
Swiss National Bank records H1 heavy losses
Swiss National Bank (SNB) has taken a hit of CHF95.2 billion ($100 billion) for the first half of this year, mainly…
