Switzerland Foreign Exchange Reserves

Info

History

Chart

Impact:

Low

Latest Release:

Actual:

CHF702.895B

Forecast:

Previous/Revision:

CHF725.551B

Period: May 2025

Next Release:

Forecast:

Period: Jun 2025

What Does It Measure?

Switzerland's Foreign Exchange Reserves measure the country’s holdings of foreign currencies and gold, assessing its ability to manage its currency and stabilize its economy in times of financial instability. The primary focus is on assessing monetary policy efficacy and international liquidity, with key indicators including total reserve assets, composition of reserves, and changes in valuation.

Frequency

This report is typically released monthly, published shortly after the end of each month, and it provides final figures rather than preliminary estimates.

Why Do Traders Care?

Traders monitor Switzerland's Foreign Exchange Reserves as they reflect the central bank's capacity to influence the Swiss franc's value in the forex market, affecting currencies and commodities. Higher reserves can be seen as a positive signal for the Swiss economy, contributing to a bullish outlook for the CHF while influencing Swiss stocks positively, particularly in export-oriented companies.

What Is It Derived From?

The Foreign Exchange Reserves are derived from the Swiss National Bank's (SNB) management of its currency reserves, calculated through data collection on all assets held in foreign currencies, including deposits, securities, and gold inventories. The methodology involves assessing both the volume and market value of these assets, utilizing industry standards for valuation.

Description

In this context, the foreign exchange reserves are relevant as a leading economic measure, indicating the potential for intervention in monetary policy. The reserves provide insights into the country’s economic health and stability, allowing for predictions regarding future currency movements and trade balances.

Additional Notes

Changes in the level of foreign exchange reserves can also provide insights into Switzerland's trade balance and capital flows, reinforcing its position in the global economy. This indicator is closely watched alongside other economic reports, such as trade balances and inflation rates, to paint a comprehensive picture of economic conditions.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for CHF, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
May 07, 2025	CHF702.895B		CHF725.551B
Apr 07, 2025	CHF725.616B		CHF735.44B
Mar 07, 2025	CHF735.371B		CHF736.437B
Feb 07, 2025	CHF736.392B	CHF735B	CHF730.872B	CHF1.392B
Jan 09, 2025	CHF731B	CHF690B	CHF724.7B	CHF41B
Dec 06, 2024	CHF724555B	CHF718.8B	CHF718727B	CHF723836.2B
Nov 07, 2024	CHF718.829B	CHF717B	CHF715.699B	CHF1.829B
Oct 07, 2024	CHF715.581B	CHF690B	CHF693.921B	CHF25.581B
Sep 06, 2024	CHF693.827B	CHF700B	CHF703.66B	CHF-6.173B
Aug 07, 2024	CHF703510B		CHF711838B
Jul 05, 2024	CHF711456B	CHF720B	CHF717695B	CHF710736B
Jun 07, 2024	CHF717.575B		CHF720.307B
May 07, 2024	CHF720.373B		CHF715.625B
Apr 05, 2024	CHF715.132B	CHF634B	CHF677.808B	CHF81.132B
Mar 07, 2024	CHF677.612B		CHF662.176B
Feb 07, 2024	CHF662.429B		CHF654.174B
Jan 09, 2024	CHF653.742B		CHF642.363B
Dec 07, 2023	CHF641.732B		CHF657.516B
Nov 07, 2023	CHF657.756B		CHF678.287B
Oct 06, 2023	CHF678.447B	CHF691B	CHF693.974B	CHF-12.553B
Sep 07, 2023	CHF694.337B		CHF698.066B
Aug 07, 2023	CHF697.599B	CHF721B	CHF725.177B	CHF-23.401B
Jul 07, 2023	CHF724.637B	CHF736B	CHF733.98B	CHF-11.363B
Jun 07, 2023	CHF734.116B	CHF728B	CHF732.892B	CHF6.116B
May 05, 2023	CHF732.205B	CHF740B	CHF743.01B	CHF-7.795B
Apr 06, 2023	CHF742.74B	CHF778B	CHF770.065B	CHF-35.26B
Mar 07, 2023	CHF770.597B	CHF781B	CHF785.284B	CHF-10.403B
Feb 07, 2023	CHF784.404B	CHF780B	CHF783.828B	CHF4.404B
Jan 09, 2023	CHF784.006B	CHF780B	CHF791.193B	CHF4.006B
Dec 07, 2022	CHF789.958B	CHF820B	CHF816.883B	CHF-30.042B
Nov 07, 2022	CHF817.156B	CHF800B	CHF806.114B	CHF17.156B
Oct 07, 2022	CHF807.13B	CHF855B	CHF859.34B	CHF-47.87B
Sep 07, 2022	CHF859.639B		CHF849.403B
Aug 05, 2022	CHF849.403B		CHF849.798B
Jul 07, 2022	CHF849.798B		CHF925.43B
Jun 07, 2022	CHF925.43B		CHF925.3B
May 06, 2022	CHF926.05B		CHF910.538B
Apr 07, 2022	CHF910.538B		CHF937.981B
Mar 07, 2022	CHF938.349B		CHF947.15B
Feb 07, 2022	CHF947.15B		CHF944.532B
Jan 07, 2022	CHF944.532B		CHF921.69B
Dec 07, 2021	CHF1006.4B		CHF1011.8B
Nov 05, 2021	CHF922.97B		CHF939.3B
Oct 07, 2021	CHF939.809B		CHF929.4B
Sep 07, 2021	CHF929.292B		CHF923.24B
Aug 06, 2021	CHF923.24B		CHF941.125B
Jul 07, 2021	CHF941.1B		CHF902.5B
Jun 07, 2021	CHF902.466B		CHF914.08B
May 07, 2021	CHF914.1B		CHF930.3B
Apr 08, 2021	CHF930.486B		CHF914.21B
Mar 05, 2021	CHF914.191B		CHF896.149B
Feb 05, 2021	CHF896.149B		CHF891.224B
Jan 08, 2021	CHF891.224B		CHF875.924B
Dec 07, 2020	CHF875.9B		CHF871.7B
Nov 06, 2020	CHF871.486B		CHF873.531B
Oct 07, 2020	CHF873.5B		CHF848.3B
Sep 07, 2020	CHF848.3B		CHF846.9B
Aug 07, 2020	CHF845.797B		CHF850.126B
Jul 07, 2020	CHF850.1B		CHF816.5B
Jun 05, 2020	CHF816.3B		CHF801B
May 07, 2020	CHF799.86B		CHF763.4B
Apr 07, 2020	CHF765.626B		CHF768.768B
Mar 06, 2020	CHF769B		CHF764B
Feb 07, 2020	CHF764B		CHF771B
Jan 09, 2020	CHF771B		CHF783B
Dec 06, 2019	CHF783B		CHF779B
Nov 07, 2019	CHF779B		CHF777B
Oct 07, 2019	CHF777B		CHF767B
Sep 06, 2019	CHF767B		CHF768B
Aug 07, 2019	CHF768B		CHF760B
Jul 05, 2019	CHF759B	CHF765B	CHF759B	CHF-6B
Jun 07, 2019	CHF760B		CHF772B
May 07, 2019	CHF772B		CHF756B
Apr 05, 2019	CHF756B	CHF751B	CHF739B	CHF5B
Mar 07, 2019	CHF738.751B	CHF745B	CHF742.395B	CHF-6.249B
Feb 07, 2019	CHF741B		CHF729B
Jan 09, 2019	CHF729B		CHF749B
Dec 07, 2018	CHF749B	CHF753.1B	CHF752B	CHF-4.1B
Nov 07, 2018	CHF753B	CHF743.1B	CHF740B	CHF9.9B
Oct 05, 2018	CHF740B	CHF727.5B	CHF731B	CHF12.5B
Sep 07, 2018	CHF731B	CHF752.2B	CHF750B	CHF-21.2B
Aug 07, 2018	CHF750B	CHF754.9B	CHF748B	CHF-4.9B
Jul 06, 2018	CHF749B	CHF735.6B	CHF741B	CHF13.4B
Jun 07, 2018	CHF741B	CHF707.9B	CHF757B	CHF33.1B
May 07, 2018	CHF757B	CHF720.9B	CHF738B	CHF36.1B
Apr 06, 2018	CHF738B	CHF721.2B	CHF733B	CHF16.8B
Mar 07, 2018	CHF732.761B	CHF735B	CHF732.034B	CHF-2.239B
Feb 07, 2018	CHF731.4B	CHF748.7B	CHF744.2B	CHF-17.3B
Jan 09, 2018	CHF744B	CHF736.6B	CHF738B	CHF7.4B
Dec 07, 2017	CHF738B	CHF745B	CHF742B	CHF-7B
Nov 07, 2017	CHF741.532B	CHF723.8B	CHF724.462B	CHF17.732B
Oct 09, 2017	CHF724.4B	CHF720.1B	CHF716.9B	CHF4.3B
Sep 07, 2017	CHF716.67B	CHF719.8B	CHF714.86B	CHF-3.13B
Aug 07, 2017	CHF714.3B	CHF694.3B	CHF693.7B	CHF20B
Jul 07, 2017	CHF693.5B	CHF692.5B	CHF694.2B	CHF1B
Jun 07, 2017	CHF693.7B	CHF704.1B	CHF696.6B	CHF-10.4B
May 05, 2017	CHF695.9B	CHF686.1B	CHF683.39B	CHF9.8B
Apr 07, 2017	CHF683.18B	CHF674.4B	CHF668.33B	CHF8.78B
Mar 07, 2017	CHF668.18B	CHF646.3B	CHF643.94B	CHF21.88B
Feb 07, 2017	CHF643.67B	CHF643.4B	CHF645.3B	CHF0.27B
Jan 06, 2017	CHF645.3B	CHF653B	CHF647.7B	CHF-7.7B
Dec 07, 2016	CHF647.99B	CHF632.3B	CHF630.35B	CHF15.69B