PBOC sets USD/CNY reference rate at 7.1896 vs. 7.1870 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1896, as compared to the previous day's fix of 7.1870 and 7.2806 Reuters estimates.

Dec 10, 2024

South Korea says recent volatility in financial, FX markets excessive

South Korea’s finance ministry, Choi Sang-mok, said on Tuesday that the recent volatility in the country's financial and foreign exchange markets is "excessive" given the nation's strong economic fundamentals.

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Dec 10, 2024

Syria rebel group political chief seeks to form temporary government

The rebel group that toppled Syria's President Bashar Al-Assad agreed to hand power to Mohammed Al Bashir to form a transitional administration, per Bloomberg.

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