Swiss Central Bank Posts Biggest Loss in Its 116-Year History
The central bank took a massive hit on its large pile of foreign currency holdings as the Swiss franc strengthened.
Source: nbcchicago.com
Stay updated with breaking news from Karsten Junius. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The central bank took a massive hit on its large pile of foreign currency holdings as the Swiss franc strengthened.
Swiss National Bank Chairman Thomas Jordan said it was too early to "sound the all-clear" on high inflation after the central bank hiked interest rates on Thursday and hinted further increases could
By John Revill and Michael Shields BERN (Reuters) - Swiss National Bank Chairman Thomas Jordan said it was too early to "sound the all-clear" on high ...
By John Revill and Michael Shields
By John Revill and Michael Shields