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Thursday, November 7, 2019

Swiss September foreign currency reserves  779.1bln vs 776.9 bln prior

SNB Highest level in 20 years. Need a spare bob or two? Try knocking on the SNB's door. Not market moving.  Foreign exchange reserves are cash and other reserve assets held by a central bank. Their main function is  to balance payments of the country, to influence the exchange rate of its currency  and to just generally

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