Swiss National Bank

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Dictionary Says

Definition of 'Swiss National Bank'

The Swiss National Bank is the bank that is responsible for setting Switzerland's monetary policy. It is also responsible for issuing Swiss franc banknotes. About 55% of the shares of the Swiss National Bank are owned by cantons (states) and state-owned banks of Switzerland and the remaining shares are traded on the Swiss Stock Exchange (SWX) under the symbol SNBN. The primary goals of the Swiss National Bank include ensuring price stability, ensuring the supply of cash in Switzerland and supplying the Swiss money market with liquidity when needed.
Investopedia Says

Investopedia explains 'Swiss National Bank'

The Swiss National Bank has offices in Basel, Geneva and Zurich and was officially open for business on June 20, 1907. In 1910, the Swiss National Bank was made the sole maker of the bank note and in 1991, it was granted permission to be a member of the International Monetary Fund (IMF). The Swiss National Bank is also responsible for managing Switzerland's gold reserves, which were worth 30.5 billion Swiss Franc in July 2008.
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'Swiss National Bank'

  • Investopedia's Forex Outlook For May 2012: Swiss Economy ...

    http://www.investopedia.com/university/monthly-forex-report-may-2012/swiss-economy.asp
    ... SEE: The Importance Of Inflation And GDP Committed to Defending the Rate The Swiss
    National Bank (SNB) signed a new chairman, Thomas Jordan, on April 18. ...

  • The Swiss Franc: What Every Forex Trader Needs To Know

    http://www.investopedia.com/articles/forex/11/swiss-franc-primer.asp
    ... (For related reading, see Forex: Making Sense Of The Euro/Swiss Franc Relationship.)
    The central bank behind the Swiss franc is the Swiss National Bank. ...

  • Get To Know The Major Central Banks

    http://www.investopedia.com/articles/forex/06/CentralBanks.asp
    ... Frequency of Meeting - Once or twice a month Swiss National Bank (SNB) Structure -
    The Swiss National Bank has a three-person committee that makes decisions on ...

  • Get To Know The Major Central Banks

    http://www.investopedia.com/articles/forex/06/centralbanks.asp
    ... Frequency of Meeting - Once or twice a month Swiss National Bank (SNB) Structure -
    The Swiss National Bank has a three-person committee that makes decisions on ...

  • How SNB Hopes To Revive The Swiss Franc - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1011/How-SNB-Hopes-To-Revive-The-Swiss-Franc.aspx
    ... The SNB Plays Dangerously The Swiss National Bank (SNB) had a number of weapons
    at its disposal and ultimately settled on a specific exchange rate target. ...

  • Top 8 Most Tradable Currencies

    http://www.investopedia.com/articles/forex/08/top-8-currencies-to-know.asp
    ... Read more about currency pairs in Using Currency Correlations To Your Advantage.)
    5. Swiss Franc (CHF) Central Bank: Swiss National Bank (SNB) Current Interest ...

  • The New Risk-Factor For Forex Markets - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/The-New-Risk-Factor-For-Forex-Markets.aspx
    ... After hitting record highs versus the euro and the dollar, the Swiss National Bank
    (the SNB) said enough-was-enough and started to directly intervene in the ...

  • Investopedia Forex Outlook For April 2012 - Asia, UK And ...

    http://www.investopedia.com/university/monthly-forex-report-April-2012/asia_uk_switzerland.asp
    ... These improvements have been accredited to a controversial, but successful,
    monetary policy undertaken by the Swiss National Bank (SNB). ...

  • Investopedia's Forex Outlook For March 2012: Other Economies ...

    http://www.investopedia.com/university/monthly-forex-report-march-2012/other_economies.asp
    ... Swiss Continue to Defend the Franc The recent strength in the euro has calmed
    the nerves of many in the Swiss National Bank (SNB). ...

  • UBS Sees Light At The End Of The Tunnel

    http://stocks.investopedia.com/stock-analysis/2009/UBS-Sees-Light-At-The-End-Of-The-Tunnel-UBS0216.aspx
    ... In addition, UBS's write-downs include trading losses and charges related to sales
    to the Swiss National Bank, which removed toxic assets from its books. ...

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