# Swiss forex reserves down in September
Author: Pal sinha, Barnali
Author URL: https://startupobserver.com/author/pal-sinha-barnali/
Published: 2022-10-07
Category: Headlines
Category URL: https://startupobserver.com/category/headlines/
Meta Title: Swiss National Bank's forex reserves fall in September: data
Meta Description: Stay updated on the latest news as the SNB's foreign exchange reserves drop to $815.04 billion in September, according to IMF standards.
URL: https://startupobserver.com/swiss-forex-reserves-down-in-september/

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(Reuters) – The Swiss National Bank’s foreign exchange reserves fell in September, data showed on Friday.

The SNB held 807.130 billion Swiss francs ($815.04 billion) in foreign currency at the end of September, compared with 859.340 billion francs in August, revised from an originally reported 859.639 billion, preliminary data calculated according to the standards of the International Monetary Fund showed.

($1 = 0.9903 Swiss francs)

(Reporting by Tristan Chabba)


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