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SNB's Schlegel: We remain committed to our mandate of price stability

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SNB's Schlegel: We remain committed to our mandate of price stability

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New update 2025.05.06 16:51
SNB's Schlegel: We remain committed to our mandate of price stability

update 2025.05.06 16:51

Swiss National Bank (SNB) Chairman Martin Schlegel said on Tuesday that "we remain committed to our mandate of price stability."

Additional quotes

  • The Swiss franc has really appreciated a lot.
  • We have said we are ready to intervene in the FX market as necessary.

USD/CHF reaction to SNB Schlegel's comments

As of writing, USD/CHF is posting small gains near 0.8225, 0.13% higher on the day.

Swiss Franc PRICE Today

The table below shows the percentage change of Swiss Franc (CHF) against listed major currencies today. Swiss Franc was the weakest against the New Zealand Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.28% -0.23% -0.32% -0.10% 0.09% -0.38% 0.02%
EUR 0.28% 0.03% -0.03% 0.17% 0.36% -0.11% 0.30%
GBP 0.23% -0.03% -0.08% 0.14% 0.35% -0.14% 0.29%
JPY 0.32% 0.03% 0.08% 0.20% 0.40% 0.00% 0.35%
CAD 0.10% -0.17% -0.14% -0.20% 0.19% -0.27% 0.15%
AUD -0.09% -0.36% -0.35% -0.40% -0.19% -0.47% -0.04%
NZD 0.38% 0.11% 0.14% -0.00% 0.27% 0.47% 0.43%
CHF -0.02% -0.30% -0.29% -0.35% -0.15% 0.04% -0.43%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Swiss Franc from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent CHF (base)/USD (quote).


Date

Created

 : 2025.05.06

Update

Last updated

 : 2025.05.06

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