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Swiss National Bank steps up forex sales during Q3

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Swiss National Bank steps up forex sales during Q3

The Swiss National Bank increased its forex sales to 739 million Swiss francs ($799.35 million) during the third quarter of 2022, the central bank said on Friday, showing how its focus has switched from stemming the safe-haven currency's strength to fighting inflation.

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Swiss National Bank steps up forex sales during Q3

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Swiss National Bank steps up forex sales during Q3

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