Economy Bloomberg 96d ago

SNB Skipped Intervening in October Despite Franc Surge, UBS Says

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The Swiss National Bank (SNB) may not have intervened in the currency market in October to curb the surge of the Swiss franc, according to UBS analysis of balance sheet data.

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The Swiss National Bank probably didn’t step into currency markets in October to stop the haven run of the franc, according to UBS calculations based on balance sheet data.

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Original article published by Bloomberg on December 1, 2025.
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