PBoC sets USD/CNY reference rate at 7.0966 vs. 7.0982 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0966 as compared to the previous day's fix of 7.0982 and 7.1300 Reuters estimates.

Dec 20, 2023

PBOC leaves Loan Prime Rates unchanged, as expected

The People's Bank of China announced on Wednesday that it maintained the Loan Prime Rate (LPR) unchanged across the time curve.

Australian Dollar trades near a five month high, PBoC keeps interest rate unchanged

The Australian Dollar (AUD) trades below its five-month high at 0.6774 on Wednesday on subdued US Dollar (USD) and improved risk appetite.