UPDATE 1-Swiss central bank expects 2018 loss, keeps payouts
08 Jan UPDATE 1-Swiss central bank expects 2018 loss, keeps payouts
Posted at 06:55h
in
News
by KMFSLLP
The Swiss National Bank
expects to swing to an annual loss of 15 billion Swiss francs
($15.29 billion) for 2018, it said on Wednesday, as slumping
stock markets and the rising franc slashed the value of its
massive foreign currency investments.
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