SNB Foreign-Currency Reserves Rise on Brexit Intervention: ChartBy
The Swiss National Bank’s holdings of foreign currency hit a record 608.8 billion francs ($623 billion) in June following interventions to stabilize the haven currency in response to the U.K.’s vote to leave the European Union. While the SNB rarely states outright that it has waded into markets, it also admitted to interventions last year during the Greek debt crisis and when it abolished its currency cap.
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