Swiss National Bank (SNB)
Swiss SNB sells 7.7 tons of gold in 10-day period
SWITZERLAND - The Swiss National Bank sold around 7.715 metric tons of surplus gold in its latest 10-day reporting period ended 19 October, central bank statistics showed Monday.
Swiss nat bank sells 9 tons gold in last 10-days
SWITZERLAND - The Swiss National Bank sold 8.975 metric tons of gold according to the latest 10-day reporting period ended 30 September, the central bank's statistical report showed Thursday 11 October.
Swiss nat bank to change policy if needed
SWITZERLAND - Swiss National Bank (SNB) Chairman Jean-Pierre Roth told a business journal that the central bank will review policy and make changes if needed in late September.
Swiss Nat Bank supports draft of central bank law
SWITZERLAND - The Swiss National Bank 13 July gave its support to the draft of a new law governing the central bank.
Swiss National Bank - Annual Report 2000
REPORT - The Swiss National Bank has produced its annual report 2000. It reviews a year in which GDP grew and unemployment declined significantly in Switzerland, inflation rose slightly but still remained below 2%.
Run a central bank with new Swiss computer game
SWITZERLAND - The Swiss National Bank has recently posted a new computer game onto its web site. For anyone aspiring to hold the reins of a nation's economy this provides a new and novel way to hone the skills for central banking and take charge of a…
Speeches at the SNB's annual shareholder meeting
SPEECH - At the annual general meeting of the Swiss National Bank in Berne on Apr 20, the president of the Bank Council, Eduard Belser, and SNB chairman, Jean-Pierre Roth, both gave speeches to present the central bank's annual report. Belser reports on…
Swiss mon policy during 1970s-lessons for Japan
CENTRAL BANK RESEARCH - Peter Kugler from Basel University and Georg Rich from the Swiss National Bank have published a paper "Monetary Policy Under Low Interest Rates: The Experience of Switzerland in the late 1970s". Using evidence from Switzerland's…
SNB sells another five tons of gold
SWITZERLAND - The Swiss National Bank sold 5.33 metric tons of gold in the latest 10-day reporting period ended April 10, according to SNB statistics released Apr 13.
SNB chief economist George Rich retires Nov 01
SWITZERLAND - Georg Rich, chief economist of the Swiss National Bank, has announced that he will take early retirement as of the end of November 2001.
SNB profits boosted by gold revaluation
SWITZERLAND - In its 2000 annual report released on Apr 3, 2001, the Swiss National Bank said that net profit for 2000 had jumped to 28.2 billion Swiss francs ($16.3 billion), boosted by a one-off 27.7 billion franc revaluation of gold holdings.
SNB's Bruno Gehrig speech on the euro
SPEECH - Bruno Gehrig, vice-chairman of the Swiss National Bank, gave a speech on Mar 27, 2001 in front of the Swiss Chamber of Industry and Commerce of the Southern Upper-Rhine Region about the euro two years on and its impact on the Swiss economy and…
Swiss SNB gold sales total 5.4 tons in 10 days
The Swiss National Bank said on Feb 20 its gold reserves fell by CHF77.6 million to CHF34.33 billion in the 10-day reporting period to Feb. 20, 2001.
No Swiss monetary change needed now - Gehrig
Swiss National Bank Vice Chairman Bruno Gehrig was quoted in a newspaper interview on Feb. 6, 2000 as saying he saw no need to change Swiss monetary policy at this stage despite an economic slowdown. "The signs that growth is slowing are apparent and…
SNB must guard against currency appreciation-OECD
The monetary policy of the Swiss National Bank is currently appropriate for domestic economic conditions, but the SNB must monitor the effect of European Central Bank rate policy on exchange rates and guard against too sharp a rise in the Swiss franc…
Swiss franc ends off lows after SNB holds fire
The Swiss franc ended off lows against the dollar after the Swiss National Bank left interest rates unchanged, as expected, and said it detected no major inflationary pressure on the horizon.
SNB to publish studies to explain forecasts
Swiss National Bank chairman Hans Meyer said on Friday the bank intended to publish several studies in the near future which would explain its forecasting activities in some detail.
SNB names Martin Hiller as new director
Swiss National Bank has appointed Martin Hiller, born in 1953, as a director and head of the personnel department with effect from 1 March 2001. The central bank also appointed Dr Hans Kuhn, a lawyer born in 1961, to be head of the legal service as of…
SNB sees gold as good diversification tool
The Swiss National Bank still sees gold as a good tool to diversify its reserves even though the central bank is gradually selling off half its original holdings of the metal, SNB Chairman Hans Meyer said.
Speech by Jean-pierre Roth of the Swiss Nat Bank
SPEECH - Speech by Jean-Pierre Roth, Vice-Chairman of the Governing Board of the Swiss National Bank at the 22nd Annual FT World Gold Conference in London, 14 June 1999. Mr Roth discusses demonitisation of gold in Switzerland.