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View Full Version : SNB Has Full-Year Loss of 19.2 Billion Francs on Currencies - Bloomberg



NewsWhore
03-03-2011, 03:20 AM
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SNB Has Full-Year Loss of 19.2 Billion Francs on Currencies (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEWYnepV6i6lYLRHVkQpAfmynRGFg&url=http://www.bloomberg.com/news/2011-03-03/snb-has-full-year-loss-of-19-2-billion-francs-on-currencies-2-.html)
Bloomberg
The Swiss Central Bank said it had a loss of 19.2 billion Swiss francs in 2010 ($21 billion) as the euro&#39;s depreciation eroded the value of its currency reserves, forcing the bank to review its distribution ...

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