The SNB amassed record foreign-currency reserves as it defends a franc cap introduced in September 2011 to ward off investors seeking a haven from Europe’s sovereign-debt crisis. Photographer: Gianluca Colla/Bloomberg
The SNB amassed record foreign-currency reserves as it defends a franc cap introduced in September 2011 to ward off investors seeking a haven from Europe’s sovereign-debt crisis. Photographer: Gianluca Colla/Bloomberg