Tuesday , July 27 2021
Home / SNB & CHF / The SNB’s Currency Interventions

The SNB’s Currency Interventions

Summary:
On the FT’s Alphaville blog, Matthew Klein reviews Swiss monetary policy over the last years and its effect on the real economy. He concludes that it seems the SNB’s relentless accumulation of foreign assets has been pointless — at best. More likely, the behaviour qualifies as predatory mercantilism at the expense of the rest of the world, especially Switzerland’s hard-hit neighbours. SNB Holdings, 2001 - 2017(see more posts on SNB Holdings, ) - Click to enlarge Swiss Franc Exchange Rates, 2001 - 2017 - Click to enlarge Tags: balance sheet,exchange rate,Exchange rate

Topics:
Dirk Niepelt considers the following as important: , , , , , , , , , , , ,

This could be interesting, too:

Cash writes SNB-Gewinn von 5 Mrd. Franken im zweiten Quartal erwartet

Von Marc Forster writes Immoblien – Wie Hypotharzinsen entstehen – und wie man mit diesem Wissen Geld spart

Cash writes SNB und SIX schützen Datenkommunikation vor Cyberrisiken

Cash writes Pandemie beschleunigt bargeldloses Bezahlen

On the FT’s Alphaville blog, Matthew Klein reviews Swiss monetary policy over the last years and its effect on the real economy. He concludes that

it seems the SNB’s relentless accumulation of foreign assets has been pointless — at best. More likely, the behaviour qualifies as predatory mercantilism at the expense of the rest of the world, especially Switzerland’s hard-hit neighbours.

SNB Holdings, 2001 - 2017

(see more posts on SNB Holdings, )
The SNB’s Currency Interventions

- Click to enlarge

Swiss Franc Exchange Rates, 2001 - 2017

The SNB’s Currency Interventions

- Click to enlarge


Tags: ,,,,,,,,,,
Dirk Niepelt
Dirk Niepelt is Director of the Study Center Gerzensee and Professor at the University of Bern. A research fellow at the Centre for Economic Policy Research (CEPR, London), CESifo (Munich) research network member and member of the macroeconomic committee of the Verein für Socialpolitik, he served on the board of the Swiss Society of Economics and Statistics and was an invited professor at the University of Lausanne as well as a visiting professor at the Institute for International Economic Studies (IIES) at Stockholm University.

Leave a Reply

Your email address will not be published. Required fields are marked *