The Swiss National Bank (SNB) is the central bank of Switzerland, responsible for the country's monetary policy. It aims to ensure price stability and support the overall economic policy of the federal government. The SNB manages the national currency, the Swiss franc, and oversees the country's financial system. Founded in 1907, the SNB operates independently from the government to maintain credibility and effectiveness. It conducts monetary policy through interest rate adjustments and foreign exchange interventions. The bank also plays a crucial role in managing Switzerland's foreign currency reserves and ensuring the stability of the financial system.