The Swiss National Bank said in Thursday minutes that the need to intervene in foreign-exchange markets to curb Swiss franc appreciation has diminished. Earlier this year, after US strikes on Iran, the SNB had indicated greater willingness to use FX intervention to restrain franc gains.

2026-10-22

The Swiss National Bank said in Thursday minutes that the need to intervene in foreign-exchange markets to curb Swiss franc appreciation has diminished. Earlier this year, after US strikes on Iran, the SNB had indicated greater willingness to use FX intervention to restrain franc gains.