Home / Breaking News / SNB maintains key rate at -0.75%

SNB maintains key rate at -0.75%

The Swiss National Bank (SNB) board members left the monetary policy settings unchanged at its September quarter monetary policy assessment this Thursday

The SNB left the benchmark sight deposit rate unchanged at -0.75%.

The central bank maintained the 3-Month Libor Target Range steady between -1.25% to -0.25%, as widely expected.

USD/CHF flirting with two-month highs of 0.9247.

Check Also

Gold Shines as Market Optimism Rises Amid US Dollar Recovery

Gold surged at the start of the week, climbing above $4,090 per ounce, as investors …