SNB’s Maechler: Diversification is the best fx reserve risk management tool

Dhwani Mehta FXStreet

The Swiss National Bank (SNB) Governing Board member Andrea Maechler is on the wires now, via Reuters, noting that the diversification is the best fx reserve risk management tool.

No further comments are reported so far.

On Thursday, the SNB left the key deposit rate unchanged at -0.75% and maintained the 3-Month Libor Target Range steady between -1.25% to -0.25% at its quarterly monetary policy assessment, as widely expected.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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