PBoC sets USD/CNY reference rate at 7.0994 vs 7.1063 previous
Source Fxstreet
May 6, 2024 01:20
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Monday at 7.0994 as compared to the previous day's fix of 7.1063 and 7.2127 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Related Articles
US citizens that applied for unemployment insurance benefits increased by 222K in the week ending May 11, according to the US Department of Labor (DoL) on Thursday.
The Reserve Bank of Australia (RBA) will announce its decision on monetary policy early on Tuesday.
ECB's Lane: Inflation has declined quicker than expectedWhile giving a virtual guest lecture at the University of Stanford, European Central Bank (ECB) Chief Economist Philip Lane noted that while inflation has declined at a faster pace than the ECB had initially expected, policy transmission continues to lag, and tightening effects from previous rate increases continue to unfold.
While giving a virtual guest lecture at the University of Stanford, European Central Bank (ECB) Chief Economist Philip Lane noted that while inflation has declined at a faster pace than the ECB had initially expected, policy transmission continues to lag, and tightening effects from previous rate increases continue to unfold.
Related Instrument
