SNB total sight deposits w.e. 6 January CHF 533.5 bn vs CHF 539.2 bn prior

• Domestic sight deposits CHF 487.3 bn vs CHF 491.9 bn prior

Overall Swiss sight deposits continue to decline further as the SNB is still tweaking its policy settings in adjusting to the new reality of higher rates and battling inflation. For some context:

• What's behind the sudden plunge in SNB sight deposits?
• This shows how the SNB has switched its focus to fighting inflation this year