The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …
Category: Central Banks
South Korea flags concern over widening FX volatility Authorities monitoring markets closely Global policy divergence cited as key risk FX intervention remains an option RBI …
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that …
The Bank of Japan is expected to disappoint markets looking for clear guidance on the terminal rate when it concludes its two-day policy meeting on …
The European Central Bank is expected to leave interest rates unchanged at Thursday’s policy meeting, reinforcing the view that the easing phase has ended as …
The Bank of Japan is widely expected to deliver a 25bp rate hike at the conclusion of its policy meeting on Friday, December 19, a …
Waller has taken a really bearish turn on the economy. The other Fed candidates are arguing for rate cuts based on productivity but he’s arguing …
USD/INR has plunged, with the rupee up around 1% after the central bank of India intervened by selling USD/INR into the forex market. more to …
Economists have upgraded their outlook for Singapore’s economy in 2025, reflecting stronger-than-expected momentum this year, while continuing to expect monetary policy to remain on hold …
Japan’s persistently weak yen is emerging as the decisive factor that could allow the Bank of Japan and the government to align behind a long-awaited …