The Traderszone Network

Published in TZ Latest News 28 July, 2016 by The TZ Newswire Staff

SNB announce H1 2016 profits of CHF 21.3bln

Swiss National Bank deliver their H1 2016 results 29 July 2016
– fx net profit CHF13bln
– gold valuation gain CHF 7.6bln#
– overall exchange-rate related losses CHF 2.9bln
SNB massaging of the franc is paying dividends it appears. Shareholders will be happy at least.