Switzerland Feb foreign exchange reserves CHF 938.3 billion vs CHF 947.2 billion prior

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Switzerland Feb foreign exchange reserves CHF 938.3 billion vs CHF 947.2 billion prior

Prior CHF 947.2 billion; revised to CHF 946.7 billion


Swiss reserves eased a little last month but remains bloated historically. With EUR/CHF hitting parity, the SNB will have some tinkering to do as to when and where they will step in to prevent a further drop in the currency pair.

Source: Switzerland Feb foreign exchange reserves CHF 938.3 billion vs CHF 947.2 billion prior

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