SNB 2017 9-month profits CHF 33.7bln

Swiss National Bank out with 9-month results 31 Oct
– amounted to
– 9-mth valuation gain on gold holdings CHF 2.3bln
– collected CHF 1.5bln on neg rates on sight depos
SNB showing the fruits of their on-going intervention which will be welcome news for shareholders too as well as providing good opportunity for FX traders, after the Jan