Sign of the times as Swiss buy euros, not dollars

  • Posted on October 2, 2025
  • By Business News Today
  • 1 Views
Sign of the times as Swiss buy euros, not dollars

The Swiss National Bank is significantly shifting its currency preference from the dollar to the euro in its reserve management. This move, driven by efforts to combat franc strength and avoid U.S. accusations of currency manipulation amid trade tensions, saw recent interventions heavily focused on euro purchases.
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