Sight Deposits (CHF)

SNB sight deposits (Girokonto balances).

Latest reading: 437402.0 CHF millions · Last updated: · Source: SNB

Category: SNB Indicators

API Endpoint

/api/v1/announcements/chf/sight_deposits

Optional Indicator Availability (CHF)

Optional indicators use per-currency fetcher capability checks and may be temporarily hidden while source coverage is being remediated.

foreign_reserves
Available
cb_assets
Available
inflation_mom
Unavailable Not implemented on this currency fetcher yet.

About Sight Deposits (CHF)

Sight deposits at the Swiss National Bank are the reserves that commercial banks hold overnight at the SNB. They are a key tool in monitoring SNB intervention activity in the FX market.

Why FX traders watch it

When the SNB sells CHF to weaken the franc, the CHF proceeds end up as sight deposits held by Swiss banks at the SNB. A sudden rise in sight deposits is therefore a strong signal of FX intervention.

How to interpret the data

A sharp week-on-week increase in sight deposits is a real-time SNB intervention signal, typically CHF-negative. Stable or declining sight deposits indicate the SNB is not intervening, allowing market forces to set the CHF.

Historical Sight Deposits (CHF)

Source: SNB  ·  Daily  ·  CHF millions

Data provided by FXMacroData via the /api/v1/announcements/chf/sight_deposits endpoint. For access, see pricing.

Data Source

Primary Source

SNB

Official Series ID

sight_deposits

Data Format and Properties

Data Frequency

Daily

Unit of Measure

CHF millions

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{
    "currency": "CHF",
    "indicator": "sight_deposits",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Sight Deposits data for CHF from 2023:

GET https://fxmacrodata.com/api/v1/announcements/chf/sight_deposits?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY

Frequently Asked Questions

How often is Switzerland Sight Deposits updated?
Sight Deposits for Switzerland is released on a daily schedule by Swiss National Bank (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is Sight Deposits reported in?
The series is published in CHF millions. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source Switzerland Sight Deposits data?
Data is fetched directly from Swiss National Bank or the official national statistics publication for Switzerland. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query Sight Deposits for Switzerland via the API?
Issue a GET request to /api/v1/announcements/chf/sight_deposits?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.