Swiss National Bank deliver their H1 2016 results 29 July 2016
- fx net profit CHF13bln
- gold valuation gain CHF 7.6bln#
- overall exchange-rate related losses CHF 2.9bln
- Q2 EUR holdings qq 41% vs 41% prev
- Q2 USD holdings qq 34% vs 33% prev
- Q2 JPY holdings qq 8% vs 7% prev
- income from negative interest rates CHF 629m
SNB massaging of the franc is paying dividends it appears. Shareholders will be happy at least.
Full report here
