SNB record losses of 15 billion francs ($15.3 billion) in 2018 following the fall of the global stock market, particularly US and European stocks, and the Swiss franc against most major currencies, causing the SNB to lose 15 billion francs According to data released Wednesday morning.
SNB also recorded a 300 million loss on its gold holdings and 2 billion, which would include negative interest income on its projected deposit accounts.
The franc rose about 4% against the euro last year while it fell 0.8% against the dollar, with both currencies standing on top of the SNB's reserve currency
