A repo provides liquidity to banks while the reserve repos aims to reduce liquidity and reduce inflation. In 2011, the SNB used SNB bills and reverse repos to reduce inflationary pressure. SNB bills are short-term bonds that pay a certain interest.
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SNB Sight Deposits: decreased by 10.7 billion francs compared to the previous week
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USD/CHF posts modest gains to near 0.9000 in thin holiday trading
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SNB Sight Deposits: decreased by 10.7 billion francs compared to the previous week
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The Secret History Of The Banking Crisis
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