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Bloomberg

SNB Intervened to Halt Rush for Franc at Iran War Outbreak

Tuesday, June 30, 2026


The Swiss National Bank sold francs during the first quarter of the year. This action was taken as the franc's value increased following military operations involving the United States and Israel against Iran.

Original reporting: https://www.bloomberg.com/news/articles/2026-06-30/snb-intervened-to-halt-rush-for-franc-at-iran-war-outbreak

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