SNB total sight deposits CHF 578.9bln w-e 11 Aug vs CHF 578.6bln prev

Swiss National Bank sight deposit data 14 Aug

  • domestic deposits CHF 476.3bln vs CHF 479.9bln prev

Total sight deposits including other deposits on sight in CHF. Sight depos are the accounts of commercial banks with the SNB and make up a large part of the banking system's liquidity. The SNB increase sight deposits by FX swaps and repos of its own debt.

No great clues in the latest week's data but I'd guess that the SNB will have had a tight hand on the tiller.

USDCHF currently 0.9657 near session highs after the early dip into 0.9630 with EURCHF clinging to 1.1400 after a decent rally from 1.1365 to 1.1416 so far.

SNB sight depos

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