PBOC sets USD/CNY reference rate at 7.0202 vs. 7.0510 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.0202, as compared to the previous day's fix of 7.0510 and 7.0212 Reuters estimates.

Sep 25, 2024

PBoC cuts one-year Medium-term Lending Facility rate to 2.0% from 2.30%

The People's Bank of China (PBOC) cut the one-year Medium-term Lending Facility (MLF) rate from 2.30% to 2.0% on Thursday.

Australia’s monthly CPI inflation eases to 2.7% YoY in August vs. 2.8% expected

Australia’s monthly Consumer Price Index (CPI) declined by 2.7% in the year to August, compared to a 3.5% increase seen in July, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.