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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

SNB currency reserves jump amid fight to hold down franc

Posted on 20 May 2010

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


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