PBoC sets USD/CNY reference rate at 7.1018 vs. 7.1030 previous

On Thursday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1018 as compared to the previous day's fix of 7.1030 and 7.1854 Reuters estimates.

Feb 22, 2024

South Korea BoK Interest Rate Decision meets forecasts (3.5%)

Japanese Yen hangs near weekly low, bears seem non-committed amid intervention risks

The Japanese Yen (JPY) remains on the defensive against its American counterpart for the second straight day on Thursday and hovers near the weekly low during the Asian session, though lacks follow-through selling.