PBOC sets USD/CNY reference rate at 7.1878 vs. 7.1885 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1878 as compared to the previous day's fix of 7.1885 and 7.3161 Reuters estimates.

Jan 14, 2025

ECB's Villeroy: We don't see recession in France

European Central Bank (ECB) Governing Council member and Bank of France Governor Francois Villeroy de Galhau said on Monday that while the French economy is "slowing down, he doesn't see a recession.

BoJ’s Himino: At next week's policy meeting, board will likely to debate whether to hike rates

Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Tuesday that “at next week's policy meeting, board will likely to debate whether to hike rates and make a decision.” Additional comments In conducting monetary policy, it is necessary to pay close attention to short-term developments in economic activity, prices, and financial conditions.