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PBOC sets USD/ CNY reference rate for today at 7.1491 (vs. estimate at 7.1744)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
14/07/2025 | 01:16 GMT
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Eamonn Sheridan
14/07/2025 | 01:16 GMT
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News
News

China’s economy likely grew faster than the government’s annual target in Q2

  • GDP data due Tuesday from China
Eamonn Sheridan
14/07/2025 | 00:57 GMT
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Eamonn Sheridan
14/07/2025 | 00:57 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1744 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
14/07/2025 | 00:26 GMT
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Eamonn Sheridan
14/07/2025 | 00:26 GMT
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News
News

Chinese President Xi Jinping's war on deflation speeds up - "Anti - involution" policy

  • Chinese policy shift to “Anti-involution” :intense, unproductive competition that leads to inefficiency rather than progress.
Eamonn Sheridan
13/07/2025 | 21:22 GMT
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Eamonn Sheridan
13/07/2025 | 21:22 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY reference rate for today at 7.1475 (vs. estimate at 7.1771)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
11/07/2025 | 01:15 GMT
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Eamonn Sheridan
11/07/2025 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1771 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
11/07/2025 | 00:28 GMT
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Eamonn Sheridan
11/07/2025 | 00:28 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY mid-point today at 7.1510 (vs. estimate at 7.1757)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
10/07/2025 | 01:18 GMT
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Eamonn Sheridan
10/07/2025 | 01:18 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1757 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
10/07/2025 | 00:22 GMT
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Eamonn Sheridan
10/07/2025 | 00:22 GMT
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News
News

China June CPI +0.1% y/y (expected +0.0%)

  • June inflation was expected flat y/y
Eamonn Sheridan
09/07/2025 | 01:30 GMT
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Eamonn Sheridan
09/07/2025 | 01:30 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY central rate at 7.1541 (vs. estimate at 7.1806)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
09/07/2025 | 01:15 GMT
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Eamonn Sheridan
09/07/2025 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1806 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
09/07/2025 | 00:26 GMT
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Eamonn Sheridan
09/07/2025 | 00:26 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY central rate at 7.1534 (vs. estimate at 7.1772)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
08/07/2025 | 01:15 GMT
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Eamonn Sheridan
08/07/2025 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1772 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
08/07/2025 | 00:22 GMT
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Eamonn Sheridan
08/07/2025 | 00:22 GMT
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Central Banks
Central Banks

It looks like the PBOC is sweating over the sharp appreciation of the yuan against the USD

  • The US dollar has been trashed (today excepted) and the PBOC looks like they are worried
Eamonn Sheridan
07/07/2025 | 20:51 GMT
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Eamonn Sheridan
07/07/2025 | 20:51 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY reference rate for today at 7.1506 (vs. estimate at 7.1626)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
07/07/2025 | 01:15 GMT
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Eamonn Sheridan
07/07/2025 | 01:15 GMT
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