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SNB Sight Deposits Week November 23

SNB Liabilities UBS

 

Total sight deposits at the SNB rose by nearly 1 billion to 374 bn francs in the week ending on November 23th. “Other sight deposits”, the ones of foreign banks and Swiss companies, fell by one billion francs, but the ones of local institutes increased  by nearly 2 billion francs.

See full detail on our explanation, historical and our expected development of these SNB monetary data.

 

 

 

 

George Dorgan, snbchf.com

Disclaimer: The opinions expressed above are not intended to be taken as investment advice. It is to be taken as opinion only and we encourage you to complete your own due diligence when making an investment decision. Even if we often write about Forex trading, our advices aren't written for day traders who follow technical channels, but rather for mid- and long-term investors. Our aim is to show discrepancies between fundamental data and current asset valuations, which can lead in mid-term to an inversion to technical channels.
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Permanent link to this article: http://snbchf.com/2012/11/snb-sight-deposits-week-november-2/

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