| See
Swiss Financial
Market Supervisory Authority FINMA
Claims on payments in a foreign currency, mostly in the form of balances held at foreign banks.
Banknotes and coins denominated in foreign currency are
foreign notes and coins and do not qualify as foreign
exchange.
The National Bank's foreign currency investments plus its holdings of gold together make up the National Bank's foreign exchange reserves. They consist for the most part of relatively safe foreign-currency securities and, to a lesser extent, of fixed-term deposits (time deposits) at top quality banks.
Assets held in foreign currency or gold by a central bank (foreign exchange investments). Alongside claims in respect of repos, the foreign exchange reserves account for the greater part of the National Bank's assets.
Combination of a purchase (sale) of foreign exchange at the day's rate and a simultaneous agreement to repurchase (purchase) it at a later date. A foreign exchange swap is one of the monetary policy instruments of the National Bank.
|
|  |
