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المشهد العربي
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المشهد العربي

2026-10-31T19:43:57.000Z

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18 Hrs2026-11-01T07:14:37.000Z
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المشهد العربي

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Swiss bank gains from gold FX

Swiss bank gains from gold FX

The Swiss National Bank posted strong investment profits thanks to its gold and foreign currency holdings, bringing its profits from the start of the year through the end of September to 44.2 billion Swiss francs. It recorded a net profit of 19.1 billion francs in the third quarter, down 32% year on year, including 7.6 billion from gold and 11.6 billion from foreign currency positions. The gains improved the prospects of distributing returns to the federal government and local authorities, while the bank stressed that its primary mandate is to maintain price stability.

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