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PBOC sets USD/ CNY reference rate for today at 7.1043 (vs. estimate at 7.2359)

PBOC sets USD/ CNY reference rate for today at 7.1043 (vs. estimate at 7.2359)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
Eamonn Sheridan
Monday, 22/04/2024 | 01:15 GMT-0
22/04/2024 | 01:15 GMT-0
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2359 – Reuters estimate

PBOC is expected to set the USD/CNY reference rate at 7.2359 – Reuters estimate

  • The slightly lower USD should make the PBoC breathe a little easier today
Eamonn Sheridan
Eamonn Sheridan
Monday, 22/04/2024 | 00:13 GMT-0
22/04/2024 | 00:13 GMT-0
Central Banks

Economic calendar in Asia 22 April 2024 - People's Bank of China rates setting

Economic calendar in Asia 22 April 2024 - People's Bank of China rates setting

  • Asian Economic Calendar: Key Events and Consensus Expectations for 22 April 2024
Eamonn Sheridan
Eamonn Sheridan
Sunday, 21/04/2024 | 20:00 GMT-0
21/04/2024 | 20:00 GMT-0
Central Banks

PBOC deputy governor says will keep yuan exchange rate basically stable

PBOC deputy governor says will keep yuan exchange rate basically stable

  • Adds that recent improvement in the economy will provide support for the yuan currency
Justin Low
Justin Low
Thursday, 18/04/2024 | 06:46 GMT-0
18/04/2024 | 06:46 GMT-0
Central Banks

PBOC cautions against 'one-sided' pursuit of credit expansion

PBOC cautions against 'one-sided' pursuit of credit expansion

  • This comes after China data showed that new bank lending slowed more than anticipated last month
Justin Low
Justin Low
Thursday, 18/04/2024 | 04:55 GMT-0
18/04/2024 | 04:55 GMT-0
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