Swiss National Bank Reports Annual Loss of 132.5 Billion Swiss Francs

Swiss National Bank Reports Annual Loss of 132.5 Billion Swiss Francs
The Swiss National Bank (SNB) in Zurich on Oct. 31, 2013. Arnd Wiegmann/Reuters
Reuters
Updated:

ZURICH—The Swiss National Bank reported on Monday an annual loss of 132.5 billion Swiss francs ($141.54 billion), in line with the provisional calculations it announced in January.

The loss, the biggest in the central bank’s 115-year history, was caused by a plunge in the value of the SNB’s investments caused by bond and stock market declines last year.