Swiss National Bank

The Swiss National Bank (SNB) is Switzerland's central bank, responsible for managing the country's currency and monetary policy. Its main goals are to ensure price stability and support the overall economic growth of Switzerland. The SNB regulates interest rates, controls inflation, and supervises the banking system. It also holds Switzerland's foreign currency reserves and intervenes in currency markets to stabilize the Swiss franc. The bank operates independently from the government to make impartial decisions that promote economic stability, which is vital for maintaining confidence in the Swiss economy.