SNB total sight deposits w.e. 16 May CHF 443.18 bn vs CHF 453.24 bn prior ...Middle East

Domestic sight deposits CHF 434.8 bn vs CHF 444.8 bn prior

An increase in total sight deposits usually indicates that the SNB is injecting liquidity into the system, possibly through foreign exchange interventions (buying foreign currencies to weaken the CHF) or other forms of quantitative easing.

A decrease may suggest tightening monetary policy, withdrawing liquidity, or not intervening in FX markets.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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