SNB total sight deposits w.e. 25 March CHF 731.5 bn vs CHF 728.9 bn prior

  • Latest data released by the SNB - 28 March 2022
  • Domestic sight deposits CHF 658.5 bn vs CHF 659.9 bn prior

Prior week's release can be found here. Overall sight deposits moved up quite a bit after the SNB held policy steady and reaffirmed that it will step in as and when necessary to curb any excessive strength in the franc. As a trend, it still does seem that the SNB is more readily and will more heavily intervene when EUR/CHF approaches parity - at least for now.

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