SNB Foreign-Currency Reserves Rose to Record in May

The Swiss National Bank’s foreign-currency reserves rose to a record in May, a month during which the franc fell against both the euro and dollar. Holdings increased to 441.4 billion francs ($476 billion) from a revised 436.1 billion francs in April, the Zurich-based Swiss National Bank said on …

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SNB Foreign-Currency Reserves Rose to Record in May