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IMF expects slowing China growth at 4.6% in 2024 and 4.1% in 2025

The IMF says that Asia Pacific economies are headed for ‘soft landing’ Citing rapid disinflation and resilient growth, although economic expansion is expected to slow […]

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PBOC sets USD/ CNY central rate at 7.1063 (vs. estimate at 7.2459)

The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to […]

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PBOC is expected to set the USD/CNY reference rate at 7.2459 – Reuters estimate

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting […]

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Japan’s Kanda says need to take appropriate actions on FX

Masato Kanda is vice-minister for international affairs at Japan’s Ministry of Finance. He is the official who will instruct the BOJ to intervene, when he […]

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