Bloomberg Switzerland’s central bank spent 11 billion francs ($12.5 billion) on interventions in the third quarter, adding to an already-high tally that got the country labelled a currency manipulator by the US. The Swiss National Bank (SNB) acquired foreign currencies worth more than 100 billion francs win the first nine months of the year — the biggest sum since 2012 ...

Bloomberg Poland’s central bank is analysing the impact of potential interest-rate cuts that could take place in the first quarter of 2021, Governor Adam Glapinski said. While the current, record-low reference rate of 0.1% is “appropriate and best suits the situation,” the central bank may reduce it further, the Governor said in an excerpt of an interview published on the ...

Bloomberg China’s regulators will impose caps on banks’ lending to the real estate sector for the first time, in their latest efforts to prevent systematic risks after a series of property curbs in recent years did little to damp buyer enthusiasm. Under the new mechanism, loans to developers will be capped at 40% for the nation’s largest state-owned lenders while ...