The Schweizerische Nationalbank (SNB), or Swiss National Bank, serves as the central bank of Switzerland. Its primary function is to ensure price stability while taking into account economic developme... The Schweizerische Nationalbank (SNB), or Swiss National Bank, serves as the central bank of Switzerland. Its primary function is to ensure price stability while taking into account economic developments, thereby maintaining a stable financial system. The SNB issues Swiss franc banknotes and manages the country's monetary policy by setting key interest rates and executing market operations to steer liquidity conditions. A notable feature of the SNB is its active role in foreign exchange markets to influence the valuation of the Swiss franc, given the currency's reputation as a safe haven. The institution impacts sectors such as banking, finance, and trade, given Switzerland's prominent international financial position. With its headquarters in Zurich and Bern, the SNB operates independently yet cooperatively with the Swiss Federal Government, underlining its unique governance structure that balances public and corporate interests. Its actions are closely watched by investors and policymakers around the globe, given Switzerland's economic stability and the global influence of the Swiss franc.
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