PBoC sets USD/CNY reference rate at 7.0978 vs. 7.1002 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.0978 as compared to the previous day's fix of 7.1002 and 7.1863 Reuters estimates.

Mar 8, 2024

Japan’s Suzuki: There's a risk rising interest rates could pressure Japan's debt

Japanese Finance Minister Shunichi Suzuki said on Friday that there is a risk that rising interest rates could pressure Japan's debt.

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Mar 8, 2024

Australian Dollar grapples to extend gains on positive sentiment, US Dollar remains firm

The Australian Dollar (AUD) attempts to continue its winning streak for a third consecutive session on Friday on a possibility of the US Dollar (USD) moving on a downward trajectory.

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