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Schweizerische Nationalbank Snapshot
As the central bank of a European country that has not joined the European Union, Swiss National Bank prints and mints money for itself and for Switzerland. Its primary mandate is to control inflation, but the bank also sets Swiss monetary policy, manages the country's cash supply, compiles financial data, and acts as a bank to the various government agencies of the Swiss cantons. In addition, Swiss National Bank provides liquidity to "ordinary" Swiss banks. Since the changeover of most European Union countries to a single currency, Swiss National Bank sets its policies with an eye to its Euro-dealing neighbors.
