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SNB Vice: Swiss hoard fewer 1000 notes

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SNB Vice: Swiss hoard fewer 1000 notes

Swiss customers bring masses of 1000-Nötli back to the bank – National Bank explains what’s behind it

His debut as number 2 at the National Bank came at a turbulent time. In an interview, Martin Schlegel explains the consequences of the turnaround in interest rates and defends himself against criticism of the CS rescue. And he explains why the Swiss hoard fewer thousand notes.

Martin Schlegel, Vice President of the Governing Board of the SNB.

Image: Andrea Zahler

Mr. Schlegel, how much cash do you have with you?

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