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28.03.1930
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Statutory price for SNB banknotes repealed. RO 46 101.
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26.06.1930
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Federal Decree on SNB participation in the Bank for International Settlements. RS 6 100. Federal Council Message dated 6 June 1930. FF 1930 I 701.
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15.07.1930
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Issue of CHF 20 banknote showing Heinrich Pestalozzi on the front.
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15.12.1930
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Securities clearing headed by the SNB opens in Zurich.
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02.03.1931
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SNB agency in Biel/Bienne opens.
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03.06.1931
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Federal Coinage Act (comprehensive revision). RO 47 601. Federal Council Message dated 3 July 1930. FF 1930 II 1.
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21.09.1931
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The UK abandons the gold standard.
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01.10.1931
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Securities clearing headed by the SNB opens in Basel.
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08.07.1932
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Federal Decree on the establishment of a (second) Swiss federal loans office. RS 10 436. Federal Council Message dated 24 June 1932. FF 1932 III 168.
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06.03.1933
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Redemption obligation for banknotes is repealed in the US.
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13.04.1933
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Modification of the Federal Decree of 8 July 1932 on the establishment of a Swiss federal loans office. Lending rates increased and authorisation given to conduct assistance operations. RO 49 251. Federal Council Message dated 3 April 1933. FF 1933 I 632.
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19.04.1933
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The US abandons the gold standard. Gold exports prohibited.
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25.04.1933
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Federal Council declaration on maintaining the gold standard in Switzerland.
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08.07.1933
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Foundation of a gold bloc in Paris by Belgium, France, Italy, the Netherlands, Poland and Switzerland.
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31.01.1934
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Devaluation of the US dollar and provisional stabilisation at 59.06% of its previous gold value.
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22.06.1934
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Modification of the Federal Decrees on the establishment of a Swiss federal loans office (expansion of its areas of operation). RO 50 496. Federal Council Message dated 18 June 1934. FF 1934 III 613.
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29.09.1934
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Federal Decree on a special form of Swiss institution geared to personal saving for housing. RS 10 411. Federal Council Message dated 4 June 1934. FF 1934 II 448.
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02.10.1934
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Federal Council Decree on the conduct of Swiss clearing transactions with foreign countries (establishment of the Swiss Clearing Office). RO 50 752.
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08.11.1934
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Federal Act on Banks and Savings Banks. RS 10 337. Federal Council Message dated 2 February 1934. FF 1934 I 171.
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05.02.1935
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Ordinance on a special form of Swiss institution geared to personal saving for housing. RS 10 412.
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26.02.1935
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Ordinance in implementation of a Federal Act on Banks and Savings Banks. RS 10 357.
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20.06.1935
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Gentleman’s agreement concluded between the SNB and the banks on limitations to gold and foreign exchange transactions.
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28.09.1935
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Federal Act renewing, for the years 1937 to 1947, the SNB’s exclusive right to issue banknotes. RO 52 5. Federal Council Message dated 6 August 1935. FF 1935 II 185.
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21.11.1935
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Gentleman’s agreement between the banks with respect to the mortgage market (exercising restraint in issuing foreclosures and creating fiduciary offices).
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31.12.1935
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Withdrawal of CHF 20 banknote issued in 1914, showing a woman’s head (Vreneli) on the front.
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17.04.1936
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Federal Council Decree on restructuring banks. RS 10 410.
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19.06.1936
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Federal Council Decree on protecting the national currency. RS 6 97.
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25.09.1936
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The US, the UK and France sign a tripartite agreement governing their reciprocal currency relationships. In the same year, Belgium, the Netherlands and Switzerland also join the convention.
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27.09.1936
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Federal Council Decree on currency measures (devaluation of the Swiss franc by an average of 30%). RO 52 741.
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28.10.1936
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Switzerland joins the tripartite agreement.
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15.11.1937
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Gentleman’s agreement concluded between the SNB and the banks on reducing the excessive level of foreign Swiss franc holdings and combating banknote accumulation.
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07.06.1938
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Agreement on the admission of foreign securities to official trading on the stock exchange.
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25.04.1939
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SNB agreement with the Federal Department of Economic Affairs on the financing of obligatory stocks.
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29.08.1939
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Reissue of CHF 5 banknote showing William Tell.
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21.09.1939
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Federal Debt Register Act. RS 6 10. Federal Council Message dated 25 March 1938. FF 1938 I 492.
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