Comment & Analysis
SNB records CHF 7.8 billion loss
The Swiss National Bank (SNB) has lost CHF 7.8 billion in the first three quarters of 2018 due to price declines in gold and foreign currency holdings. A loss of CHF 3.7 billion can be attributed to a year-to-date gold price drop of 8%. Holdings in the gold portfolio have…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Citywire