PBoC sets USD/CNY reference rate at 7.1063 vs. 7.1911 Reuters estimates

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1063 as compared to 7.1911 Reuters estimates.

Feb 8, 2024

BOJ official: Even if negative rates abandoned, accommodative conditions would remain

Bank of Japan (BoJ) Executive Director Tokiko Shimizu said on Thursday that inflation has so far been driven by cost-push factors.

PBoC sets USD/CNY reference rate at 7.1063 vs. 7.1911 Reuters estimates

BOJ official: Even if negative rates abandoned, accommodative conditions would remain

China Consumer Price Index (MoM) registered at 0.3%, below expectations (0.4%) in January