The SNB plays a central role in our everyday lives, whether we’re withdrawing money, shopping or financing the purchase of our own home. However, understanding the complexity of its operations is not so easy.

In the section ‘The SNB explained’, you will find easy-to-understand information about the SNB and its monetary policy, the value of price stability and much more besides.

In the SNB film you will learn why the SNB has a mandate to ensure price stability, how it implements this mandate, and what impact this has on our everyday lives. The film is built around the monetary policy decision-making process, with the regular assessment and communication of the decision at the news conference serving as a framing device. It also covers two special events that took place more recently – the stabilisation fund for UBS (2008 to 2013) and the minimum exchange rate against the euro (2011 to 2015). These show that central banks may be required to take exceptional measures in order to fulfil their mandates.