Track historical SZ Libor Rate data to understand its impact on currency valuation and trading strategies.
Short-term interest rates play a crucial role in determining currency value, as traders primarily analyze other indicators to forecast potential changes in these rates. The Swiss National Bank's key operating target was this rate until it was phased out in June 2019.
What it Measures
Interest rate for 3-month deposits in Swiss francs in London.
Usual Effect
When the 'actual' figure exceeds the 'forecast,' it typically benefits the currency.
Source & Frequency
Swiss National Bank (latest release) - https://www.snb.ch/en/ • This is scheduled on a quarterly basis.
How Data is Derived
SNB Governing Board members come to a consensus on where to set the target range for the rate
Also Known As
Interest Rates, Libor, 3-month Rate
Acronym
London Interbank Offered Rate (Libor), Swiss National Bank (SNB)