Swiss National Bank loses CHF 6.7 billion in Q2-2017 due to FX losses LeapRate

July 31, 2017 BY LeapRate Staff

Swiss National Bank loses CHF 6.7 billion in Q2-2017 due to FX losses

The following post is based on research from Arnaud Masset, Market Analyst at Swissquote Group Holding SA (SWX:SQN). For more of Arnaud's research see Swissquote Research. The Swiss National Bank reported a profit of CHF 1.2 billion for the first half of 2017, compared to CHF 7.9 billion for the first quarter. The sharp appreciation of the…

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