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Switzerland's monetary authority said gains from its foreign reserves translated to a 7.9 billion francs ($7.95 billion) profit in the first quarter of 2017.
The Swiss National Bank said Thursday its move to devitalize the currency resulted in foreign currency reserves amounting to 683.18 billion francs ($687.64 billion) last month.
Also, the SNB earned 2.2 billion francs ($2.2 billion) from an appraisal surge on its gold reserves and 466.4 million francs ($469.4 million) from low deposit rates levied on banks.
