Swiss Q1 current account surplus narrows, SNB intervention leaps

ZURICH (Reuters) - Switzerland's reserve assets rose by more than 34 billion Swiss francs ($35.88 billion) in the first quarter as the Swiss National Bank ramped up currency interventions to curb the safe-haven franc's strength, data released on Monday showed.Transactions recorded in the country's financial account showed a net acquisition of 34 billion francs on the assets side and a net incurrence of 35 billion on the liabilities side in the first quarter."The SNB’s foreign currency..