The National Bank shall pursue a monetary policy serving the interests of the country as a whole. It shall ensure price stability. In so doing, it shall take due account of economic developments.
Within this framework, it shall have the following tasks:
It shall provide the Swiss franc money market with liquidity.
It shall ensure the supply and distribution of cash.
It shall facilitate and secure the operation of cashless payment systems.
It shall manage the currency reserves.
It shall contribute to the stability of the financial system.
It shall participate in international monetary cooperation. For this purpose, it shall work jointly with the Federal Council in accordance with the relevant federal legislation.
It shall provide banking services to the Confederation. In so doing, it shall act on behalf of the competent federal authorities.
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