Swiss National Bank Releases Latest Total Sight Deposits Data for the Week Ending 28 June

Monday, 1 July 2024, 08:00

The Swiss National Bank (SNB) has reported total sight deposits of CHF 452.0 billion for the week ending 28 June, showing a slight increase from the previous week's figure of CHF 451.8 billion. This data, released on 1 July 2024, provides insights into the liquidity situation in the Swiss banking system and may impact market perceptions of the SNB's monetary policy stance. Investors and analysts are closely watching these figures for indications of the SNB's interventions in the foreign exchange market and its monetary policy decisions.
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Swiss National Bank Releases Latest Total Sight Deposits Data for the Week Ending 28 June

Swiss National Bank Total Sight Deposits Update

The Swiss National Bank (SNB) has released the latest data on total sight deposits, reporting a total of CHF 452.0 billion for the week ending 28 June.

Key Points:

  • Amount: CHF 452.0 billion
  • Comparison: Increased from CHF 451.8 billion in the previous week
  • Significance: Insights into Swiss banking system liquidity and SNB's policy position

Analysts and investors are monitoring these figures closely for potential market implications and to gauge the SNB's approach to managing liquidity.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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