The 1st Q reserve numbers for the Swiss National Bank tell an interesting story. For a second quarter in a row, the foreign reserves have declined.
There is only one way that this could have happened; the SNB offloaded a portion of the EURCHF posit…
The 1st Q reserve numbers for the Swiss National Bank tell an interesting story. For a second quarter in a row, the foreign reserves have declined.
There is only one way that this could have happened; the SNB offloaded a portion of the EURCHF posit…
