Dossier
FX interventions
Coverage of FX interventions in the Nexus archive.
- Currency interventions have a mixed record
Currency interventions have been noted to have a mixed record. The content further advises that macro issues cannot be resolved by using FX interventions.
- SNB’s Schlegel Stresses Higher Willingness on FX Interventions
Martin Schlegel, president of the Swiss National Bank (SNB), emphasized the bank's increased willingness to intervene in foreign exchange markets to manage the Swiss franc's value. The SNB reiterated its stance of selling the franc but avoided cutting interest rates into negative territory during its March 19, 2026, rate announcement.