Market news

18.01.2022 16:52

PBOC Deputy Governor: Will keep yuan exchange rate basically stable

People’s Bank of China (PBOC) Deputy Governor Liu Guoqiang said in a statement on Tuesday, the central bank “will keep yuan exchange rate basically stable.”

Additional quotes

“Will maintain various policy tools to keep liquidity reasonably ample.”

“Will step up cross-cyclical policy adjustments in 2022.”

“Yuan exchange rate may deviate from equilibrium in near-term, but will correct over long-term.”

Another PBOC official was reported as saying that “property sales and financing steadily returning to normal.”

Market reaction

USD/CNY was last seen trading at 6.3509, up 0.06% on the day.

19.01.2022 08:15

Currencies. Daily history for Tuesday, January 18, 2022

18.01.2022 10:30

Commodities. Daily history for Monday, January 17, 2022

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Session	Financial Centres	UTC/GMT OpenClose		EET OpenClose		Local Time OpenClose
Pacific	Wellington	19:00	04:00	22:00	07:00	22:00	07:00
Session	Financial Centres	UTC/GMT OpenClose		EET OpenClose		Local Time OpenClose
Pacific	Sydney	21:00	06:00	00:00	09:00	00:00	09:00
Session	Financial Centres	UTC/GMT OpenClose		EET OpenClose		Local Time OpenClose
Asian	Tokyo	23:00	08:00	02:00	11:00	02:00	11:00
Session	Financial Centres	UTC/GMT OpenClose		EET OpenClose		Local Time OpenClose
Asian	Hong Kong, Singapore	00:00	09:00	03:00	12:00	03:00	12:00
Session	Financial Centres	UTC/GMT OpenClose		EET OpenClose		Local Time OpenClose
European	Frankfurt, Zurich, Paris	06:00	15:00	09:00	18:00	9:00	18:00
Session	Financial Centres	UTC/GMT OpenClose		EET OpenClose		Local Time OpenCloseе
European	London	07:00	16:00	10:00	19:00	10:00	19:00
Session	Financial Centres	UTC/GMT OpenClose		EET OpenClose		Local Time OpenClose
American	New York	12:00	21:00	15:00	00:00	15:00	00:00
Session	Financial Centres	UTC/GMT OpenClose		EET OpenClose		Local Time OpenClose
American	Chicago	13:00	22:00	16:00	01:00	16:00	01:00