pboc

Central Banks

PBOC sets 1 year Loan Prime Rate (LPR) at 3.1% and 5-year at 3.6%, both unchanged

PBOC sets 1 year Loan Prime Rate (LPR) at 3.1% and 5-year at 3.6%, both unchanged

  • People's Bank of China rate setting
Eamonn Sheridan
Friday, 20/12/2024 | 01:02 GMT
20/12/2024 | 01:02 GMT
Central Banks

People's Bank of China Loan Prime Rate (LPR) setting due today - why its less relevant

People's Bank of China Loan Prime Rate (LPR) setting due today - why its less relevant

  • TL;DR is that in June the PBoC designated the 7-day reverse repurchase (repo) rate as the primary policy rate
Eamonn Sheridan
Friday, 20/12/2024 | 00:15 GMT
20/12/2024 | 00:15 GMT
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.3086 – Reuters modelled estimate

PBOC is expected to set the USD/CNY reference rate at 7.3086 – Reuters modelled estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
Friday, 20/12/2024 | 00:10 GMT
20/12/2024 | 00:10 GMT
Central Banks

PBOC sets USD/ CNY reference rate for today at 7.1911 (vs. estimate at 7.3165)

PBOC sets USD/ CNY reference rate for today at 7.1911 (vs. estimate at 7.3165)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
Thursday, 19/12/2024 | 01:16 GMT
19/12/2024 | 01:16 GMT
Central Banks

The PBOC is expected to set the USD/CNY reference rate at 7.3165 – Reuters estimate

The PBOC is expected to set the USD/CNY reference rate at 7.3165 – Reuters estimate

  • USD surged after the FOMC.
Eamonn Sheridan
Thursday, 19/12/2024 | 00:12 GMT
19/12/2024 | 00:12 GMT
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