SNB Posts Profit in First Half of 2012
Posted on 08/01/2012
According to the press release, “The Swiss National Bank (SNB) is reporting a consolidated profit of CHF 6.5 billion for the first half of 2012. The net result from the SNB’s foreign currency positions amounted to CHF 5.1 billion for the first half of the year. A valuation gain of CHF 1.3 billion was recorded […]
