SNB not currently buying or selling gold – Maechler
GENEVA, Nov 8 (Reuters) – The Swiss National Bank is not currently buying or selling gold, and it is easier to manage risks through financial instruments, SNB Governing Board Member Andrea Maechler said on Thursday.
She said the SNB had a very diverse portfolio and was able to respond quickly to economic developments, including by raising or lowering interest rates and using foreign exchange interventions. (Reporting by Tom Miles and Stephanie Nebehay)
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