Switzerland July foreign currency reserves CHF 845.8 billion vs CHF 850.1 billion prior

Latest data released by the SNB – 7 August 2020

  • Prior CHF 850.1 billion; revised to CHF 851.1 billion

Swiss foreign reserves declined a little last month but are keeping at rather bloated levels still. In terms of SNB intervention, the weekly sight deposits data offers a better sense of the situation and it still reaffirms that Jordan & co. is actively stepping into the market.

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