The Traderszone Network

Published in TZ Latest News 27 April, 2016 by The TZ Newswire Staff

SNB reports a Q1 profit of CHF 5.7bln

Swiss National Bank out with their Q1 2016 results 28 April
– valuation gain of CHF 4.1bln on gold holdings
– forex positions +CHF 1.2bln
– CHF appreciation resulted in total exchange rate losses of CHF 6.9bln since Jan 2015