Eamonn Sheridan

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Central Banks
usdcny 24 February 2026 chart
Central Banks

China holds loan prime rates steady as growth slows and yuan firms

  • The steady rate decision reinforces expectations of targeted rather than broad-based stimulus, while yuan strength could temper export momentum and limit room for aggressive monetary easing.
Central Banks
pboc cny yuan cnh 23 September 2025 2
Central Banks

PBOC sets USD/ CNY reference rate for today at 6.9414 (vs. estimate at 6.9249)

  • China is back from its week-long Spring Break / Lunar New Year holiday
Central Banks
China
Central Banks

People's Bank of China sets 1 and 5 year Loan Prime Rates (LPRs) unchanged

  • 1 year remains at 3% & 5 year remains at 3.5%
Central Banks
usdkrw update 24 February 2026
Central Banks

Bank of Korea meet Feb 26 - preview: To hold rates at 2.50% through 2026 (Reuters poll)

  • An extended policy hold supports front-end stability in Korean rates while keeping USD/KRW sensitive to external dollar moves and domestic housing dynamics.
Central Banks
usdcnh update 24 February 2026
Central Banks

PBOC is expected to set the USD/CNY reference rate at 6.9249 – Reuters estimate

  • Chinese (mainland) markets reopen today after the long break, welcome back!
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