PBoC sets USD/CNY reference rate at 7.1612 vs. 7.1728 on Friday

On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1612 as compared to Friday's fix of 7.1728 and 7.2320 Reuters estimates.

Nov 20, 2023

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.

USD/JPY slides back closer to monthly low amid the emergence of fresh USD selling

The USD/JPY pair meets with a fresh supply following an Asian session uptick to the 150.00 psychological mark and drifts into negative territory for the third successive day on Monday.