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Bank of Korea Senior Deputy Governor Kwon said growth improvement has exceeded expectations.

2026-08-21

Bank of Korea Senior Deputy Governor Kwon said growth improvement has exceeded expectations.

Other News
2026-08-20

US Treasury official Bessent said the cap on a single bond buyback could exceed $4bn, partly as a signal that yields do not reflect fundamentals. The Treasury may announce stepped-up fiscal consolidation and Bessent said the deficit has very likely a

US Treasury official Bessent said the cap on a single bond buyback could exceed $4bn, partly as a signal that yields do not reflect fundamentals. The Treasury may announce stepped-up fiscal consolidation and Bessent said the deficit has very likely already peaked. He dismissed a $40 trillion debt headline as not especially meaningful and said markets are somewhat overreacting. Any balance-sheet changes would be coordinated with the Federal Reserve, he added, and interest-rate decisions are unrelated to buyback choices. Market indicators point to lower inflation ahead. A press briefing on Iran-related economic sanctions are scheduled for next Monday.
2026-08-21

[Interbank Foreign Exchange Market Central Parity Rate of RMB on August 21, 2026] USD/CNY was 6.7817, up 9 points (RMB depreciation); EUR/CNY was 7.8906, up 91 points; HKD/CNY was 0.86466, down 1 point; GBP/CNY was 9.2101, up 308 points; AUD/CNY w

[Interbank Foreign Exchange Market Central Parity Rate of RMB on August 21, 2026] USD/CNY was 6.7817, up 9 points (RMB depreciation); EUR/CNY was 7.8906, up 91 points; HKD/CNY was 0.86466, down 1 point; GBP/CNY was 9.2101, up 308 points; AUD/CNY was 4.8058, up 17 points; CAD/CNY was 4.8966, up 126 points; 100 JPY/CNY was 4.2516, down 120 points; CNY/RUB was 12.3275, down 1844 points; NZD/CNY was 4.0180, up 164 points; CNY/MYR was 0.59817, down 14.7 points; CHF/CNY was 8.4479, down 155 points; The Singapore dollar/Chinese yuan exchange rate was 5.3115, down 13 points.
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