Forex

Swiss National Bank Snaps Up Billions in Foreign Currency

Guavy AI Editorial Team Published September 30, 2026

Instruments

CHF

The Swiss National Bank (SNB) has made significant purchases of foreign currency, totaling 1.44 billion francs. This move comes at a time when many central banks are actively managing their foreign exchange reserves and currencies.

No further details on the SNB's intentions or strategies behind these purchases have been disclosed.

The Wire

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