Swiss National Bank Reveals Biggest Loss in Its History

from Sputnik News: The SNB’s previous record setback was in 2015, when the bank lost 23 billion francs ($24.9 billion). The Swiss National Bank (SNB) has posted preliminary figures as indicating a loss of 132 billion Swiss francs ($143 billion) in 2022, the biggest such setback in the bank’s 116-year history. The figure is tantamount to about […]