PBoC sets USD/CNY reference rate at 7.1048 vs 7.1059 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1048 as compared to the previous day's fix of 7.1059 and 7.2363 Reuters estimates.

Apr 24, 2024

70% of Japanese companies will implement pay-scale increases in FY 2024

A survey by the Finance Ministry showed on Monday that about 70% of companies in Japan will raise pay scale in fiscal year 2024, per Japan Times.

PBoC sets USD/CNY reference rate at 7.1048 vs 7.1059 previous

70% of Japanese companies will implement pay-scale increases in FY 2024

Australia Consumer Price Index (QoQ) came in at 1%, above forecasts (0.8%) in 1Q