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PBOC is expected to set the USD/CNY reference rate at 7.2011 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
01/03/2024 | 00:28 GMT
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Eamonn Sheridan
01/03/2024 | 00:28 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY mid-point today at 7.1075 (vs. estimate at 7.2023)

  • People's Bank of China continues to prop up the failing yuan
Eamonn Sheridan
28/02/2024 | 01:15 GMT
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Eamonn Sheridan
28/02/2024 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2023 – Reuters estimate

  • The rate will be set more than 800 points lower than this as the PBoC props up the yuan
Eamonn Sheridan
28/02/2024 | 00:43 GMT
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Eamonn Sheridan
28/02/2024 | 00:43 GMT
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Central Banks
Central Banks

FT says "China props up renminbi ahead of leadership summit in March"

  • Discover how China is shoring up the renminbi prior to a key leadership summit, aiming to instill confidence in the currency and economy.
Eamonn Sheridan
27/02/2024 | 03:44 GMT
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Eamonn Sheridan
27/02/2024 | 03:44 GMT
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Central Banks
Central Banks

Standard Chartered suspended new offshore flows via QDII channel out of China

  • Comes amid China's efforts to stem capital outflows.
Eamonn Sheridan
27/02/2024 | 02:32 GMT
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Eamonn Sheridan
27/02/2024 | 02:32 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY central rate at 7.1057 (vs. estimate at 7.1945)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
27/02/2024 | 01:15 GMT
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Eamonn Sheridan
27/02/2024 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1945 – Reuters estimate

  • The reference rate from the Bank will be 700 or more points lower than this
Eamonn Sheridan
27/02/2024 | 00:36 GMT
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Eamonn Sheridan
27/02/2024 | 00:36 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY reference rate for today at 7.1080 (vs. estimate at 7.1998)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
26/02/2024 | 01:15 GMT
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Eamonn Sheridan
26/02/2024 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1998 – Reuters estimate

  • People's Bank of China USD/CNY reference rate is due around 0115 GMT.
Eamonn Sheridan
26/02/2024 | 00:24 GMT
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Eamonn Sheridan
26/02/2024 | 00:24 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY reference rate for today at 7.1018 (vs. estimate at 7.1854)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
22/02/2024 | 01:15 GMT
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Eamonn Sheridan
22/02/2024 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1854 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
22/02/2024 | 00:28 GMT
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Eamonn Sheridan
22/02/2024 | 00:28 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY mid-point today at 7.1030 (vs. estimate at 7.1877)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
21/02/2024 | 01:15 GMT
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Eamonn Sheridan
21/02/2024 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1877 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
21/02/2024 | 00:25 GMT
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Eamonn Sheridan
21/02/2024 | 00:25 GMT
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Central Banks
Central Banks

China's hefty rate cut is expected to provide an only marginal net stimulus to the economy

  • On Tuesday the People's Bank of China cut its 5-year Loan Prime Rate (LPR) by the largest amount on record.
Eamonn Sheridan
20/02/2024 | 23:45 GMT
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Eamonn Sheridan
20/02/2024 | 23:45 GMT
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Central Banks
Central Banks

China bigger than expected rate cut: PBoC likely to remain on dovish tilt in coming months

  • China's bold rate cut signals continued dovish stance ahead
Eamonn Sheridan
20/02/2024 | 03:45 GMT
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Eamonn Sheridan
20/02/2024 | 03:45 GMT
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