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ING Bank: South Korea’s November inflation drop is not enough to dispel BOK concerns
South Korea's November CPI annual rate fell sharply from 5.7% to 5%, but this is unlikely to change the Bank...
Read moreWhat is Digital RMB?
Digital RMB is a legal currency in digital form issued by the People's Bank of China. It is operated by...
Read moreThe yuan rebounded strongly against the dollar
On Friday (December 2) in the Asian session, the USD/RMB rose slightly and was currently trading around 7.0578. As of...
Read moreWhat is digital currency?
Digital currency, abbreviated as DC, refers to appearing in front of people in the form of electronic currency instead of...
Read moreRabobank: Euro’s rally may not last amid energy crisis
The euro was boosted by easing gas prices and hopes that Germany may face a reduced risk of recession, but...
Read moreCoStar Group: The Bank of Canada has reached the limit of interest rate hikes and may cut interest rates by the end of 2023
Carl Gomez, chief economist at CoStar Group, said the Bank of Canada has reached its "ceiling" on interest rates and...
Read moreBank of Montreal: Sterling boosted by improving risk sentiment
Sterling rose against the euro on improved risk appetite after Federal Reserve Chairman Jerome Powell signaled a slower pace of...
Read moreLagarde, President of the European Central Bank: We do not have any exchange rate targets and are closely watching the appreciation of the dollar.
Lagarde, President of the European Central Bank: We do not have any exchange rate targets and are closely watching the...
Read moreThe US Dollar Index fell sharply on December 1
On December 1, the US Dollar Index fell sharply. The US Dollar Index , which measures the greenback against six...
Read moreING: Bank of Korea likely to remain hawkish until early 2023
ING Bank economist Robert Carnell and others said in a report that despite the slowdown in South Korea's overall inflation,...
Read moreYi Gang, Governor of the People’s Bank of China: Prudent monetary policy has stepped up implementation in a timely manner
On December 2, Yi Gang, Governor of the People's Bank of China, delivered a speech at the "Central Bank under...
Read moreHSBC: The RBA is expected to further raise interest rates by 25 basis points in December and may pause interest rate hikes in February next year
HSBC chief economist Paul Bloxham said in a note that the RBA is likely to remain focused on high inflation...
Read moreSources said: The Japanese government plans to allocate 40 trillion to 45 trillion yen for defense spending in the 5-year mid-term plan.
Sources said: The Japanese government plans to allocate 40 trillion to 45 trillion yen for defense spending in the 5-year...
Read moreMasakashi Amamiya, deputy governor of the Bank of Japan: If the interest rate is raised by 1%, the book loss of bonds will reach 28.6 trillion yen.
Masakashi Amamiya, deputy governor of the Bank of Japan: If the interest rate is raised by 1%, the book loss...
Read moreAsian Development Bank President ASAKAWA: Aggressive monetary tightening in the US could lead to a sudden reversal in capital flows.
Asian Development Bank President ASAKAWA: Aggressive monetary tightening in the US could lead to a sudden reversal in capital flows....
Read moreNew York Fed President: There is no reason to adjust the pace of balance sheet reduction at present
Top Fed officials have shown no inclination to slow the pace of the reduction of the central bank's balance sheet,...
Read moreJapanese Finance Minister Shunichi Suzuki: no comment on foreign exchange levels
Japanese Finance Minister Shunichi Suzuki: no comment on foreign exchange levels. Will continue to carefully monitor foreign exchange trends. Pay...
Read moreVice President of China Foreign Exchange Investment Research Institute: The strong dollar has basically come to an end
On December 2, Zhao Qingming, vice president of the China Foreign Exchange Investment Research Institute, said that under the expectation...
Read moreBank of Japan member Naoki Tamura: The Bank of Japan should review its monetary policy framework.
Bank of Japan member Naoki Tamura: The Bank of Japan should review its monetary policy framework. Whether the BOJ needs...
Read moreU.S. 10-year Treasury yield falls 10 basis points to 3.50%
U.S. 10-year Treasury yield falls 10 basis points to 3.50%
Read moreRecent Posts
Current RMB Exchange Rate: 2000 RMB to HKD
Foreign exchange (FX) trading is a dynamic and often complex arena, involving the buying and selling of currencies based on...
Current RMB Exchange Rate: 300 RMB to HKD
In today's interconnected world, the foreign exchange (forex) market plays an essential role in facilitating global trade, travel, and investments....
Current RMB Exchange Rate: 3000 RMB to HKD
In the fast-paced world of foreign exchange (forex or FX) trading, currency conversion plays a pivotal role in facilitating international...
Why Did New Zealand Change to Decimal Currency?
The decision to adopt decimal currency represents a pivotal moment in the financial and economic history of many nations. New...
Current RMB Exchange Rate: 118 Yuan to USD
Foreign exchange (FX) trading is a cornerstone of global financial markets, where the values of currencies are constantly fluctuating based...
Why is NZ Dollar Dropping Against AUD?
The currency pair of New Zealand Dollar (NZD) and Australian Dollar (AUD) has always been closely observed by foreign exchange...
Is New Zealand Currency Stable?
The New Zealand Dollar (NZD) is one of the more widely traded currencies in the world, reflecting the nation's open...
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