About विदेशी मुद्रा भंडार (CHF)
Switzerland's foreign exchange reserves are the stock of foreign currency assets held by the Swiss National Bank. They are used to defend the chf, settle international obligations, and signal sovereign financial strength.
Why FX traders watch it
Large and rising FX reserves signal that Switzerland has the means to intervene in currency markets and defend a floor or cap on the chf. Declining reserves can signal either active intervention to support a weak currency or deteriorating external financing conditions.
How to interpret the data
Rising reserves generally signal capital inflows or export surpluses, both chf-supportive. Rapidly falling reserves may indicate the Swiss National Bank is defending an exchange rate level, which raises sustainability concerns.