Switzerland
SNB's Blattner on the new banknotes project
In a speech on Switzerland's new banknotes project given on 2 February, Niklaus Blattner of the Swiss National Bank said this step has become necessary because of the development of new technologies and the typically high demands on the design quality of…
Hildebrand on managing the SNB's assets
In a speech on 'Developments in the international financial markets and managing the Swiss National Bank's assets' given on 16 December, Philipp Hildebrand of the Swiss National Bank said the SNB's leeway for investment has extended considerably since…
Roth on the SNB's new inflation forecast
In a speech on 'The Swiss National Bank's new inflation forecast' given on 16 December, Jean-Pierre Roth of the Swiss National Bank said economic growth in Switzerland has lost some of its momentum. While still expecting economic growth to be close to 2%…
SNB's Roth on life in a two-headed monetary system
In a speech on 'Life in a two-headed monetary system: The Swiss experience' given on 29 November, Jean-Pierre Roth of the Swiss National Bank said the birth of the euro has fundamentally changed the shape of the international monetary system with the…
SNB's Roth on the Swiss franc and euro
In a speech on the ' Swiss franc and euro: Two sister currencies?' given on 19 November Jean-Pierre Roth of the Swiss National Bank said the introduction of the euro in 1999 constituted a real revolution for Europe and represented arguably the major…
Switzerland's last tranche of gold sales
In spring 2000, the Swiss National Bank began selling that part of the gold reserves no longer required for monetary policy purposes. The sales - which will total 1,300 tonnes - have to date been effected according to the agreement on gold sales…
Hildebrand on the new investment policy of the SNB
In a speech on 'The new investment policy of the Swiss National Bank' given on 17, June Philipp Hildebrand of the Swiss National Bank said the management of the monetary reserves has gained in importance. The National Bank Act requires the National Bank…
SNB's Roth sees GDP growth of 'almost' 2 pct
Swiss National Bank (SMB) chairman Jean-Pierre Roth said he expects the Swiss economy to grow by "almost" 2 pct this year, repeating previous comments by the central bank.
Swiss National Bank raises interest rates
The Swiss National Bank on Thursday announced it was raising its key interest rate by a quarter percentage point after holding near zero for more than a year.
Challenges to the Swiss financial center
In a speech on 'Facts and challenges to the Swiss financial center' given on 3 June, Philipp Hildebrand of the Swiss National Bank said the financial sector is a critical contributor to the vitality and resilience of the Swiss economy. Defending and…
SNB's Roth on the creation of the euro
In a speech on 'The Creation of the Euro and the New International Monetary Order: A View from Switzerland' given on 4 June, Jean-Pierre Roth of the Swiss National Bank said the introduction of the euro has been a very positive development for the…
SNB's Roth on Switzerland: An Island in Euroland?
In a speech on 'Switzerland: An Island in Euroland?' given on 21 May, Jean-Pierre Roth of the Swiss National Bank said the introduction of the euro constituted a real revolution for Europe and represented arguably the major postwar stage in European…
SNB's Roth: Euro's positive global influence
Swiss National Bank (SNB) governing board chairman Jean-Pierre Roth said that the euro has had a "positive global influence", including on Switzerland, since its introduction in 1999.
SNB's Hildebrand: Inside Europe, outside EMU
In the speech 'Inside Europe, outside EMU - Lessons and Outlook' given on 23 April, Philipp Hildebrand of the Swiss National Bank said a lesson that can be drawn from the UK experience is that it would be wrong for Switzerland to advocate an EMU…
Swiss National Bank - Annual Report 2003
The Swiss National Bank has published its Annual Report for the year ended 2003. After two years characterised by economic problems and geopolitical tension, the situation for the world economy improved in 2003. The US economy, which was steadily…
SNB: Swiss franc not hindering recovery
Current Swiss franc exchange rates are not hindering the country's economic rebound, and while market intervention remains an option, it is not an issue at the moment, Swiss National Bank (SNB) directorate member Philipp Hildebrand said in an interview…
SNB's Roth says euro has stabilised Swiss franc
Speaking on Monday 16 February, Swiss National Bank chairman Jean-Pierre Roth said that the introduction of the euro has stabilized the Swiss franc but has also left the economy vulnerable to sharp currency swings.
Roth on the Swiss economy and monetary policy
Jean-Pierre Roth, Chairman of the Governing Board of the Swiss National Bank discussed economic activity and monetary policy in his introductory remarks at the end-of-year media news conference held in Zurich.
2002 statistics for CPSS countries payment systems
This annual BIS publication provides data on payments and payment systems in the CPSS countries: Belgium, Canada, France, Germany, Hong Kong SAR, Italy, Japan, Netherlands, Singapore, Sweden, Switzerland, United Kingdom and the United States.
Swiss National Bank given freedom to invest
Under the new Swiss National Bank (SNB) statute, the SNB will be allowed to invest in a far-wider range of assets.
Switzerland's Hildebrand on global economy
In a speech on 'Monetary Policy in a Global Context' given on 8 October, Philipp Hildebrand of the Swiss National Bank said the economic and monetary policy outlook for the United States and Switzerland at this moment is centred around the hope for a…
Switzerland's monetary policy unchanged
The Swiss National Bank has left interest rates unchanged as it aims to keep the strong Swiss franc in check. The bank said in a statement reported by AFP that the signs of an economic recovery in Switzerland were growing.
BIS Quarterly Review - Dec 2003
The latest quarterly offering from the BIS includes updates on the world economy, international banking, debt and derivative markets as well as special features on the credit spread puzzle; common factors in emerging market spreads; sovereign credit…
SNB's Roth urges swift economic reforms
Swiss National Bank chief Jean-Pierre Roth has called on politicians to solve Switzerland's economic problems and promote growth. He said the only thing the central bank could do to support recovery was to use monetary policy to encourage growth while…