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13 Jan 2025

PBOC sets USD/CNY reference rate at 7.1885 vs. 7.1891 previous

On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1885 as compared to Friday's fix of 7.1891 and 7.3442 Reuters estimates.

Jan 13, 2025

GBP/USD languishes near its lowest level since November 2023, around 1.2200 mark

The GBP/USD pair enters a bearish consolidation phase at the start of a new week and languishes near its lowest level since November 2023 touched on Friday, around the 1.2200 mark during the Asian session.
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Jan 13, 2025

China Foreign Exchange Committee pledges to support the Yuan

China Foreign Exchange Committee (CFXC) vowed to support the Chinese Yuan in a meeting held in Beijing under the guidance of the People’s Bank of China (PBOC) on Monday.
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