Definitions
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Etymologies
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Examples
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Although the SNB is not part of the IMF per se, only an observer, it is considered a monetary institute with an exemplary track record.
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SNB Chairman Philipp Hildebrand , criticized by some politicians for squandering the bank's reserves on futile euro purchases, has acknowledged the SNB is a hostage to developments in the euro-zone debt crisis.
Swiss Franc Nears Parity With Euro Neil MacLucas 2011
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"The market is testing the SNB, which is essentially allowing a tightening of monetary policy via the Swiss franc."
Swiss Franc at Peak Against Euro Fabio Alves 2010
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"The market is testing the SNB, which is essentially allowing a tightening of monetary policy via the Swiss franc."
Swiss Franc at Peak Against Euro Fabio Alves 2010
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"The market is testing the SNB, which is essentially allowing a tightening of monetary policy via the Swiss franc."
Swiss Franc at Peak Against Euro Fabio Alves 2010
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"The market is testing the SNB, which is essentially allowing a tightening of monetary policy via the Swiss franc."
Swiss Franc at Peak Against Euro Fabio Alves 2010
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"To suggest that the SNB has been the savior of the euro is too much," says Mr. Barrow.
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The SNB is the first major central bank to buy and sell currencies to influence exchange rates in about six years, when intervention fell out of favor as a policy tool among the major industrialized nations.
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The SNB is the first central bank to cut rates since the global economic outlook deteriorated with expectations for higher rates from the European Central Bank and U.S. Federal Reserve pushed back since signs emerged of a new slowdown.
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The SNB is a joint-stock company in which public shareholders including cantons and regional banks have a stake of about 55 percent.
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