After the Swiss National Bank announced its interest rate decision, the Swiss franc fell.

The Swiss central bank is expected to keep interest rates at 0% and has indicated an increased willingness to intervene in the foreign exchange market, causing the Swiss franc to fall against the euro. The central bank stated that it will resist any rapid and excessive appreciation of the Swiss franc that could threaten price stability. The central bank also mentioned that due to rising energy prices, the short-term inflation rate is expected to exceed previous forecasts, but will ease in the first half of 2027. The central bank believes that the current monetary policy is suitable for maintaining price stability, but it will continue to monitor the situation and adjust the policy if necessary. After the decision was announced, the euro rose by 0.1% to a high of 0.9215 Swiss francs, up from 0.9197 Swiss francs before.