SNB’s $143 Billion 9-Month Loss Casts Doubt on Government Payout

31 October 2022

The Swiss National Bank reported a loss of 142.4 billion francs ($143 billion) for the first nine months as turmoil in global currency markets took a toll on the value of its foreign-exchange portfolio. The central bank’s foreign-currency positions resulted in a loss of 141 billion francs, and it also saw a valuation loss on its gold holdings and on its Swiss currency positions.

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