Home Tools SNB total sight deposits w.e. 10 June CHF 753.1 bn vs CHF...

SNB total sight deposits w.e. 10 June CHF 753.1 bn vs CHF 753.8 bn prior

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  • Domestic sight deposits CHF 662.0 bn vs CHF 662.4 bn prior

Overall sight deposits have been keeping steady and thereabouts, suggesting little appetite to intervene by the SNB in managing the strength of the Swiss franc. The central bank will be meeting later this week and is expected to keep its policy unchanged, although Citi is expecting a surprise rate hike to be announced.

SNB

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