PBOC: Will keep Yuan exchange rate basically stable PBOC CentralBanks USDCNY Inflation
People’s Bank of China Vice-Governor said in a statement on Friday, the central bank “will keep the Yuan exchange rate basically stable.”Impact from rate hikes in developed countries on China's economy will be limited.Inflation pressure under control in the near-term.Rising demand may boost prices, should also guard against imported inflation.At the time of writing, USD/CNY is trading at 6.7068, down 0.46% on the day.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Browns WR Donovan Peoples-Jones says Cleveland ‘feels like home’ as he becomes extension eligible“I’ve loved Cleveland, since the day I got here. Very blessed to have gotten selected by Cleveland. I’ve felt that way since day one. I still feel that way. I love it here. It feels like home,' he said.
Baca lebih lajut »
Brazil swears in Sonia Guajajara as Indigenous Peoples MinisterSonia Guajajara, who resisted ex-president Jair Bolsonaro's policies impacting native communities, becomes Brazil's first-ever minister for Indigenous peoples
Baca lebih lajut »
Landmark Global Biodiversity Agreement Enshrines Rights of Indigenous Peoples—Providing Hope for Bolivia's GuaraniAfter more than four years of negotiations, on Dec.19, 2022, nearly 200 nations adopted the Kunming-Montreal Global Biodiversity Framework—a binding agreement to protect at least 30 percent of the world’s
Baca lebih lajut »
China Includes Digital Yuan in Cash Circulation Data for First TimeChina, the world's second-largest economy, has begun including its central bank digital currency, the digital yuan, in the calculations of the amount of money in circulation. By amitoj.
Baca lebih lajut »
China's central bank includes digital yuan in report on currency circulationChina's central bank reported there was 13.61 billion digital yuan — roughly $2 billion — in circulation as of December 2022.
Baca lebih lajut »