PBOC sets USD/CNY reference rate at 7.1274 vs. 7.1220 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1274, as compared to the previous day's fix of 7.1220 and 7.1267 Reuters estimates.

Oct 18, 2024

USD/JPY weakens to near 150.00 after Japanese CPI inflation data

The USD/JPY pair edges lower to around 150.05 despite the firmer US dollar (USD) on Friday during the early Asian session.

PBOC says it's necessary to increase support for the economy

The People's Bank of China (PBoC), National Financial Regulatory Administration (NFRA) and China Securities Regulatory Commission (CSRC) held a meeting on Financial Incremental Policies on Friday.