2025-07-14 21:02
IndustriSovereign Wealth Funds Shift, Franc Gains
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Sovereign Wealth Funds Shift, Franc Gains in Reserve Rebalancing
IMF COFER data shows Swiss franc holdings by global central banks surged to 0.8%, its highest since 1999. Meanwhile, the U.S. dollar lost further share. As funds diversify, the franc and euro benefit, but the dollar's dominant status remains intact in the near term .
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Sovereign Wealth Funds Shift, Franc Gains
Malaysia | 2025-07-14 21:02#CommunityAMA
Sovereign Wealth Funds Shift, Franc Gains in Reserve Rebalancing
IMF COFER data shows Swiss franc holdings by global central banks surged to 0.8%, its highest since 1999. Meanwhile, the U.S. dollar lost further share. As funds diversify, the franc and euro benefit, but the dollar's dominant status remains intact in the near term .
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