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Press releasePublished on 29 September 2025

Switzerland and the United States issue a joint statement on foreign exchange matters

Bern, 29.09.2025 — The Federal Department of Finance (FDF), the Swiss National Bank (SNB) and the US Department of the Treasury have issued a joint statement on macroeconomic and foreign exchange matters, in which Switzerland and the USA reconfirm that they do not target exchange rates for competitive purposes.