SNB 2017 9-month profits of CHF 33.7 billion dollars




Swiss National bank with results 9 months 31 Oct

  • net result on foreign currency positions amounted to CHF 30.3 billion
  • 9-month capital gain on gold CHF 2.3 billion
  • collected CHF 1.5 billion of meter on neg rates on sight depos

SNB showing the fruits of their intervention, which will be good news for shareholders too, as well as provide a good opportunity for FX traders, after the Jan 2015 wipeout.
Full of the SNB report here



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