ZURICH, March 6 (Reuters) - 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.
A strengthening of the Swiss franc also had a negative
effect, reducing the level of the SNB's holdings and returns
from foreign investments when they were converted back into
Swiss francs.
($1 = 0.9361 Swiss francs)
(Reporting by John Revill
Editing by Miranda Murray)
Messaging: john.revill.thomsonreuters.com@reuters.net))
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