Interim results of the Swiss National Bank as at 31 March 2017
(WorldNews Switzerland)

Press release Communications P.O. Box, CH-8022 Zurich Telephone +41 58 631 00 00 communications@snb.ch Zurich, 27 April 2017 Interim results of the Swiss National Bank as at 31 March 2017 The Swiss National Bank (SNB) reports a profit of CHF 7.9 billion for the first quarter of 2017. A valuation gain of CHF 2.2 billion was recorded on gold holdings. The profit on foreign currency positions amounted to CHF 5.3 billion. The SNB`s financial result depends largely on developments in the gold, foreign exchange and capital markets. Strong fluctuations are therefore to be expected, and only provisional conclusions are possible as regards the annual result. Profit on foreign currency positions The...