China PBoC Interest Rate Decision meets expectations (3.45%)

Apr 22, 2024

ECB’s Muller sees a few more rate cuts by year end after June

The European Central Bank (ECB) Governing Council member and the Estonian central bank chief, Madis Muller, said that the ECB mustn’t rush into further interest rate cuts after a likely first step in June.

PBoC sets USD/CNY reference rate at 7.1046 vs 7.1020 previous

On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1043 as compared to Friday's fix of 7.1046 and 7.2359 Reuters estimates.