SNB Skipped Intervening in October Despite Franc Surge, UBS Says
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.
By Bastian Benrath-Wright · Bloomberg Markets
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.