Swiss National Bank
Switzerland’s central bank is independent of the government, which means it is free to set interest rates. Its policy goal is price stability, which it says is an important precondition for economic growth and prosperity. It bases its monetary policy on a medium-term inflation forecast. Its chosen reference interest is the three-month Libor rate (London Interbank Offered Rate). The SNB issues bank notes and distributes coins on behalf of the government. Its profit is broadly speaking divided up among the cantons (two-thirds) and the federal government.
More
Azeri fossil-fuel cash cow brings controversy to Switzerland
More
Why cars still reign supreme in ‘rail-nation’ Switzerland
More
Is Switzerland as innovative as it ranks?
More
Taxes on pension payments: no problem for the Swiss Abroad
More
Heard the one about the Swiss company installing laugh detectors?
In compliance with the JTI standards
More: SWI swissinfo.ch certified by the Journalism Trust Initiative
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.