The Swiss National Bank (SNB) is the central bank of Switzerland, responsible for implementing the country's monetary policy. It aims to ensure price stability and support the overall economic policy of the Swiss government. The SNB also manages the country's foreign exchange reserves and oversees the stability of the financial system. Founded in 1907, the SNB operates independently from the government, allowing it to make decisions based on economic conditions rather than political pressures. It plays a crucial role in maintaining the value of the Swiss franc and managing inflation, contributing to Switzerland's reputation for economic stability.