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China Daily
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- 1PBOC expected to set yuan midpoint at 6.7085●PBOC is expected to set the USD/CNY reference rate at 6.7085 – Reuters estimate
China's central bank is expected to set the US dollar/yuan daily reference rate at 6.7085, according to a Reuters estimate. The daily midpoint fixing from the People's Bank of China is closely watched by currency traders as a signal of official policy toward the renminbi, and any deviation from expectations can move Asian currency and equity markets.
- 2PBOC strengthens yuan fixing to 6.7399 against dollar●PBOC sets USD/CNY reference rate at 6.7399 vs. 6.7489 previous
China's central bank set the yuan's daily reference rate at 6.7399 to the US dollar, a firmer fixing than the previous day's 6.7489. The daily fix from the People's Bank of China guides onshore trading and is closely watched by currency traders for signals on official policy toward the yuan.
- 3Putin accuses Ukraine of provocations fuelling tensions●Ukraine's provocations fuel tensions, Putin says
Vladimir Putin said Ukraine's provocations are fuelling tensions, according to a report carried by China Daily's global edition. The accusation comes as the war between Russia and Ukraine continues to drive friction between Moscow and Kyiv and their international partners. No further details about the alleged provocations or responses from Ukraine were included in the available report.