Cross-country exposures to the Swiss franc

Agustín Bénétrix and Philip R. Lane

No 6, ESRB Working Paper Series from European Systemic Risk Board

Abstract: This paper first documents the foreign currency exposures of Switzerland in the 2002-2012 period. We find that the large scale of the Swiss international balance sheet means that movements in the Swiss Franc generate large cross-border valuation effects. Second, we examine the Swiss Franc holdings of the rest of the world and highlight differences in exposures between advanced and emerging economies. JEL Classification: F31, O24

Keywords: cross-border valuation; emerging economies; foreign currency exposures; swiss frank (search for similar items in EconPapers)
Date: 2016-03
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Citations: View citations in EconPapers (1)

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Working Paper: Cross-Country Exposures to the Swiss Franc
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Persistent link: https://EconPapers.repec.org/RePEc:srk:srkwps:20166

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