The 2023 result, which confirmed the SNB's provisional forecast in January, was an improvement from the record 132.5 billion franc loss the central bank posted in 2022.
($1 = 0.8828 Swiss francs)
(Reporting by John Revill, Editing by Rachel More)
Swiss National Bank posts annual loss of $3.6 billion
March 04, 2024 at 01:24 am EST
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ZURICH (Reuters) - The Swiss National Bank posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central bank said on Monday, as losses caused by the appreciation of the Swiss francs weighed.
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