PBOC sets USD/CNY reference rate at 6.3757

The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.3757 on Friday while comparing to the previous fix and the previous close at 6.3674 and 6.3729 respectively.

Dec 31, 2021

AUD/USD seesaws near 0.7250 despite upbeat China Manufacturing PMI

AUD/USD seesaws around 0.7255 after China released upbeat official PMI data for December during early Friday. Even so, mixed sentiment and off in majo

Global economic growth set for 3.2% pace in next decade – Bloomberg

According to the latest report carried by Bloomberg Economics, global economic growth is expected to average annual growth of around 3.2% in the decad