Learning Trade Forex

The Swiss National Bank conducts monetary policy as a country independent central bank. Sun creating an appropriate environment for economic growth. The National Bank is obliged under the Constitution and the law in line with the interests of the country. His goal is price stability, taking into account the economic situation.

The Swiss National Bank is the central bank in the Swiss banking system. In addition to regulating the money supply in Switzerland and rate functions national interests, leading by a Swiss National Bank Central banksthe a larger role than most national banks in an attempt to influence the types of switching between different national currencies, making it a major player in the foreign exchange market .

fixed exchange rates between national currencies to the U.S. standard of the gold standard in 1971, which resulted in the current system of floating exchange rates began to 1973rd Then the Swiss National Bank was Bank Which largely supported by gold and much of its history, until a recent sale of gold in a big way, at the beginning of the experiment millenniumbegan maintain the stability of the franc by direct purchase and sale of foreign exchange through foreign exchange transactions, in which foreign currency at the beginning of a period of exchange and sale after the conclusion of a period of constant currency is bought.

Because the Swiss National Bank has an active role in influencing the exchange rate, the foreign banking activities should be closely for all operators, and appropriate response was to be monitored. Also makes the willingness of banks to cope with many forms of money makes it an ideal stable base on which new investments in a number of assets in the money markets.