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14.10.22

Swiss National Bank makes another large draw on Fed swap line - Reuters

2 minute readOctober 14, 20222:30 AM GMT+3Last Updated 8 hours ago Swiss National Bank makes another large draw on Fed swap line Reuters The Swiss National Bank (SNB) is pictured in Bern The Swiss National Bank (SNB) is pictured during a federal council meeting in Bern, Switzerland, March 13, 2020. REUTERS/Denis Balibouse/File Photo Oct 13 (Reuters) - The Swiss National Bank this week drew nearly $6.3 billion from the U.S. Federal Reserve's currency swap line facility, roughly double the amount drawn a week earlier, New York Fed data released on Thursday showed.