Domestic sight deposits CHF 661.7 bn vs CHF 662.0 bn prior Overall sight deposits show a drop in the past week,
- Domestic sight deposits CHF 661.7 bn vs CHF 662.0 bn prior
Overall sight deposits show a drop in the past week, so that isn’t indicative of any major intervention by the SNB to limit the franc’s strength despite their policy pivot. We’ll have to see how the trend in the data develops in the coming weeks to be certain of how the central bank is conducting their business amid the surprise to markets last week.
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