The Swiss National Bank lost 142.2 billion Swiss francs ($142.60 billion) in the first nine months of 2022, it said on Monday, as rising interest rates and the stronger Swiss franc slashed the value of the central bank's foreign investments.
The loss - the largest in the SNB's 115-year history - was slightly more than the annual economic output of Morocco ($132 billion).
I guess the 'house' can lose, sometimes.
