Swiss National Bank reports Q1 profit of 26.9 billion francs
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ZURICH, April 27 (Reuters) - The Swiss National Bank made a profit of 26.9 billion Swiss francs ($30.20 billion) during the first quarter, the central bank said on Thursday, as the value of its gold and foreign currency investments increased at the start of the year.
The bank made a profit of 24.2 billion francs from its foreign currency positions and 4.3 billion francs from an increase in the value of the gold it holds.
($1 = 0.8907 Swiss francs) (Reporting by John Revill, Editing by Rachel More)
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