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PBOC sets USD/ CNY central rate at 7.0006 (vs. estimate at 6.9576)
The PBOC follows a managed floating exchange rate system that…
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China moves to curb price wars (“involution” again), weighs national M&A fund
Beijing is signalling tougher oversight of price wars and fresh…
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China keeps LPRs unchanged, signalling patience on broad easing – further detail
China’s steady LPR decision underscores a cautious, targeted easing approach…
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Latest Posts
- Australian dollar flounders after higher than target inflation data

- Rbnz Gov Breman says Q1 core inflation stable within the 1 – 3% target band

- PBOC is expected to set the USD/CNY reference rate at 6.8347 – Reuters estimate

- ADP weekly NER Pulse 39,250 vs 54,750 expected

- NIESR cuts UK growth forecast, warns Iran war will keep inflation above target until 2028


