195 days ago • Posted by Charles-Henry Monchau

The Swiss National Bank reported a profit of CHF 15.1 billion for the first three quarters of 2020

"The profit on foreign currency positions amounted to CHF 5.3 billion. A valuation gain of CHF 9.1 billion was recorded on gold holdings. The profit on Swiss franc positions was CHF 1.0 billion. The SNB’s financial result depends largely on developments in the gold, foreign exchange and capital markets. Strong fluctuations are therefore to be expected, and only provisional conclusions are possible as regards the annual result" - source: SNB

#Macro
SNB Income Statement
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