PBOC sets USD/CNY reference rate at 7.1877 vs. 7.1894 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1877, as compared to the previous day's fix of 7.1894 and 7.2244 Reuters estimates.

Nov 29, 2024

Putin threatens 'all means of destruction' if Ukraine gets nuclear weapons

Russian President Vladimir Putin issued a series of military threats towards Ukraine and reiterated earlier statements that the US and other European allies now have "direct involvement" in Ukraine's conflict with Russia during a press conference in the Kazakhstan capital city, per Sky news.

Australian Dollar rises as RBA Bullock states inflation too high to consider rate cuts

The Australian Dollar (AUD) extends its winning streak for the third successive session on Friday following the hawkish comments from Reserve Bank of Australia (RBA) Governor Michele Bullock.