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Swiss National Bank (SNB)
The central bank of Switzerland responsible for monetary policy, price stability, and the issuance of Swiss franc banknotes. The SNB is known for its interventions in currency markets to manage the franc's value.
Example
“The Swiss National Bank shocked forex markets in 2015 by removing the EUR/CHF 1.20 floor, causing the franc to surge 30% in minutes and wiping out billions in trader positions.”