PBOC sets USD/CNY reference rate at 7.1108 vs. 7.1097 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1108, as against the previous day's fix of 7.1097 and 7.2436 Reuters estimates.

Jun 6, 2024

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BoJ's Nakamura: Inflation may not reach 2% from FY 2025 on if consumption weakens

The Bank of Japan (BoJ) board member Toyoaki Nakamura said on Thursday that based on current data, it is appropriate to maintain policy intact for the time being, per Reuters.