News with the tag "SNB"

The Swiss National Bank (SNB) is taking proactive measures to prevent excessive Swiss Franc (CHF) strength, which is crucial for Switzerland's economic stability, export and tourism sectors, and inflation management.

UBS has revised its forecasts for the Swiss Franc (CHF) due to the Swiss National Bank's (SNB) unexpected interest rate cut and global uncertainty, signaling potential volatility in currency markets.

UBS predicts a weakening Swiss Franc (CHF) against the Euro due to the Swiss National Bank's (SNB) monetary policy shifts, including interest rate cuts and reduced forex interventions.