| 20.05.2010 - SNB currency reserves jump amid fight to hold down franc |
| From Marketwatch.com: The Swiss National Bank's currency reserves jumped in April, underlining the scope of the central bank's efforts to restrain the rise of the Swiss franc currency versus a tumbling euro. SNB reserves rose to 153.6 billion Swiss francs ($133.5 billion) in April, up CHF28.7 billion from CHF124.9 billion, the Swiss Federal Statistics Office said Wednesday, according to Dow Jones Newswires............................................Full Article: Source |