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.

Apr 22, 2024

China PBoC Interest Rate Decision meets expectations (3.45%)

PBoC leaves Loan Prime Rates unchanged, as expected

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