FX.co ★ Swiss Foreign Reserves Slip in October, Continuing Gradual Downtrend

Switzerland’s foreign currency reserves declined in October 2026, underscoring a continued easing from earlier highs. According to the latest data updated on 6 November 2026, total reserves fell to 758,504.0 billion USD, down from 770,295.0 billion USD in September 2026.

The October move marks a further reduction in the Swiss National Bank’s stockpile of foreign assets, suggesting ongoing balance sheet adjustment or valuation effects after a period of elevated reserve levels. Market participants will be watching subsequent releases to gauge whether this decline points to a more sustained trend in Swiss reserve management or reflects short-term fluctuations tied to currency market dynamics and asset price movements.