PBoC keeps Loan Prime Rates (LPR) unchanged

The People's Bank of China (PBoC), as was expected, decided to leave the 1-year and 5-year Loan Prime Rates (LPR) unchanged at 3.45% and 4.20% respectively. The 1-year rate was cut last month by 10 bps from 3.55% prior.

Sep 20, 2023

USD/CHF oscillates in a range below 0.9000, Fed rate decision looms

The USD/CHF pair consolidates in a 0.8970-0.8980 range during the early Asian session on Wednesday. Meanwhile, the US Dollar Index (DXY), a measure of

PBoC sets USD/CNY reference rate at 7.1732 vs. 7.1733 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1732, compared with the previous day's