About الميزانية العمومية للبنك الوطني السويسري (SNB) (CHF)
The Swiss National Bank's balance sheet measures total assets held by the SNB, dominated by its large portfolio of foreign currency assets accumulated through decades of currency intervention. It is the largest central bank balance sheet relative to GDP among major economies.
Why FX traders watch it
The SNB's balance sheet size directly reflects its FX intervention activity. When the SNB buys foreign currency to weaken the CHF, its balance sheet expands. Declining assets may signal it is allowing the CHF to appreciate.
How to interpret the data
A rapidly expanding SNB balance sheet is CHF-negative as it signals active intervention to weaken the franc. A plateau or decline suggests the SNB is comfortable with prevailing CHF levels or is allowing it to strengthen.