FX.co ★ Swiss Foreign Reserves Edge Lower to $710B in February

Switzerland’s foreign currency reserves slipped slightly in February 2026, easing to $710.0 billion from $712.0 billion in January 2026. The marginal $2.0 billion decline suggests only a modest adjustment in the Swiss National Bank’s (SNB) foreign asset holdings rather than a major shift in policy stance.

The updated data, released on 6 March 2026, indicate that while Switzerland continues to maintain a substantial foreign reserve buffer, the February reading marks a small step down from the previous month’s level. Market participants may watch upcoming releases closely for signs of whether this minor pullback points to a developing trend or remains a one-off adjustment in the SNB’s reserve management.