China PBoC Interest Rate Decision meets expectations (3.35%)

Aug 20, 2024

USD/JPY edges lower near 146.00 on the weaker US Dollar, hawkish BoJ

The USD/JPY pair trades in negative territory for the third consecutive day near 146.05 during the Asian trading hours on Tuesday.

PBOC sets USD/CNY reference rate at 7.1325 vs. 7.1415 previous

On Tuesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at , as against the previous day's fix of 7.1415 and 7.1317 Reuters estimates.