COVID-Chaos Triggers Record Losses For Swiss National Bank
Apr 24th 2020 2:35am EDT
COVID-Chaos Triggers Record Losses For Swiss National Bank In the first quarter of 2020, the hedge fund known as the Swiss National Bank (SNB) suffered its worst quarterly loss in over a century. The central bank posted a record loss of 38.2 billion Swiss francs (or about $39.34 billion) for the quarter on Thursday morning. It said the […]
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