PBoC sets USD/CNY reference rate at 7.1779 vs. 7.1781 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1779 as compared to the previous day's fix of 7.1781 and 7.2842 Reuters estimate.

PBoC injects 102 billion Yuan via 7-day RR, sets the rate at 1.8%,
417 billion Yuan of RRs mature today, summing to a net 315 billion Yuan drain on the day in OMOs.

Oct 11, 2023

RBA’s Kent: Monetary policy is slowing the growth of demand and inflation

The Reserve Bank of Australia (RBA) Assistant Governor (Financial Markets), Christopher Kent, did not sound keen on further rate hikes and said that m

RBA’s Kent: CPI data will be important, but it is not only consideration for policy.

The Reserve Bank of Australia (RBA) Assistant Governor (Financial Markets), Christopher Kent, is speaking at the Bloomberg Address, in Sydney, on Wedn