AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 128.00 Decreased By ▼ -1.53 (-1.18%)
BOP 6.70 Increased By ▲ 0.02 (0.3%)
CNERGY 4.45 Decreased By ▼ -0.18 (-3.89%)
DCL 8.65 Decreased By ▼ -0.29 (-3.24%)
DFML 40.30 Decreased By ▼ -1.39 (-3.33%)
DGKC 80.01 Decreased By ▼ -3.76 (-4.49%)
FCCL 32.72 Decreased By ▼ -0.05 (-0.15%)
FFBL 74.03 Decreased By ▼ -1.44 (-1.91%)
FFL 11.44 Decreased By ▼ -0.03 (-0.26%)
HUBC 109.06 Decreased By ▼ -1.49 (-1.35%)
HUMNL 13.92 Decreased By ▼ -0.64 (-4.4%)
KEL 5.33 Decreased By ▼ -0.06 (-1.11%)
KOSM 7.90 Decreased By ▼ -0.50 (-5.95%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.20 Increased By ▲ 2.91 (4.83%)
OGDC 195.50 Decreased By ▼ -4.16 (-2.08%)
PAEL 25.61 Decreased By ▼ -1.04 (-3.9%)
PIBTL 7.35 Decreased By ▼ -0.31 (-4.05%)
PPL 155.50 Decreased By ▼ -2.42 (-1.53%)
PRL 25.50 Decreased By ▼ -1.23 (-4.6%)
PTC 17.15 Decreased By ▼ -1.31 (-7.1%)
SEARL 78.40 Decreased By ▼ -4.04 (-4.9%)
TELE 7.90 Decreased By ▼ -0.41 (-4.93%)
TOMCL 33.49 Decreased By ▼ -1.02 (-2.96%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.52 Decreased By ▼ -0.95 (-5.44%)
TRG 57.51 Decreased By ▼ -3.81 (-6.21%)
UNITY 27.50 Increased By ▲ 0.07 (0.26%)
WTL 1.43 Increased By ▲ 0.05 (3.62%)
BR100 10,497 Increased By 90.3 (0.87%)
BR30 31,350 Decreased By -362.9 (-1.14%)
KSE100 97,543 Increased By 214.7 (0.22%)
KSE30 30,379 Increased By 186.7 (0.62%)

ZURICH: The Swiss National Bank posted a second quarter loss of 13.20 billion Swiss francs ($15.14 billion), it said on Monday, as interest rate hikes by other central banks dented the value of its massive bond holdings.

The SNB lost 8.08 billion francs on its foreign currency positions of 742 billion francs, as bond prices fell as investors feared more interest rate hikes by the US Federal Reserve, European Central Bank and others.

The Swiss central bank also lost 3.14 billion francs on its gold holdings in the three months to the end of June, as the lower gold price cut the value of the 1,040 tonnes of the precious metal it holds.

Comments

Comments are closed.