Forex
globalreutersSeptember 16, 20241 Mins read
SNB total sight deposits w.e. 13 September CHF 466.8 bn vs CHF 455.9 bn prior
globalreutersSeptember 16, 20241 Mins read - Domestic sight deposits CHF 458.2 bn vs CHF 447.3 bn prior
That’s the highest reading for total sight deposits since the middle of May this year. And that perhaps suggest the SNB might be in the market to rein in the strength in the franc. That would not be too surprising as they have dubbed it to be an issue in recent weeks/months.
This article was written by Justin Low at www.forexlive.com.
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