FX.co ★ Swiss Forex Reserves Down for 3rd Month

The Swiss National Bank’s foreign exchange reserves declined to CHF 710 billion in February 2026, the lowest level since May 2025, down from a revised CHF 712 billion in January. This was the third consecutive monthly decrease in the central bank’s foreign exchange holdings, driven mainly by a drop in other reserve assets (CHF -9 billion, compared with an increase of CHF 19 billion in January). By contrast, gold holdings rose to CHF 134.303 billion from CHF 129.420 billion, and the value of Special Drawing Rights (SDRs) edged up to CHF 10.016 billion from CHF 9.996 billion.