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 …