PBOC sets yuan reference rate at 6.7232

The People's Bank of China (PBOC) has set the yuan reference rate at 6.7232 versus Thursday's fix at 6.7260.

Oct 30, 2020

Chinese banks are swapping dollars for yuan in forwards

China's major state-owned banks are trying to rein in the yuan's appreciation by swapping US dollars for the Chinese currency. Key points/quotes (Sour

S&P 500 Futures drop 1%, eye the biggest weekly fall in five months

S&P 500 Futures drop to 3,272.50, down 30 points or 0.92% intraday, amid the early Friday. In doing so, the risk barometer differs from the equity ben