PBOC sets Yuan reference rate at strongest level since Aug. 26

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0617 per US Dollar, the strongest level since Aug. 26, having fixed the exchange rate at 7.0762 per Dollar on Monday.

Oct 29, 2019

Japan's Nishimura: Government, BOJ will join forces to exit deflation

The Japanese government will join forces with the Bank of Japan to move the economy out of deflation, Japanese Economy Minister Nishimura said on Tues

USD/IDR technical analysis: Spinning bottom on D1 favors further recovery

Following the bullish candlestick formation on Monday, as per the daily (D1) chart, the USD/IDR pair takes the bids to 14,042 on early Tuesday.