Published by Global Banking & Finance Review®
Posted on June 6, 2025
1 min readLast updated: January 23, 2026
The Swiss National Bank denies U.S. claims of currency manipulation, asserting no unfair trade practices or economic advantages.
ZURICH (Reuters) -The Swiss National Bank does not engage in currency manipulation, the central bank said on Friday, after the United States added Switzerland to a list of countries being monitored for unfair currency and trade practices.
"The SNB does not engage in any manipulation of the Swiss franc," the SNB said after the publication of the U.S. Treasury Report on Thursday.
"It does not seek to prevent adjustments in the balance of trade or to gain unfair competitive advantages for the Swiss economy," it added.
(Reporting by John RevillEditing by Dave Graham)
The Swiss National Bank stated that it does not engage in any manipulation of the Swiss franc.
Switzerland was added to the U.S. watch list following the publication of the U.S. Treasury Report.
The SNB emphasized that it does not seek to prevent adjustments in the balance of trade or gain unfair competitive advantages.
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