PBOC sets USD/CNY at 6.1346

FXStreet (Bali) - People’s Bank of China (PBOC) set the yuan reference rate at 6.1346 from a previous close of 6.1361, with the 7-day repo opening at 2.5% vs 2.55 last close on Thursday.

Mar 14, 2014

Gold rises further, reaches 6-month highs

Spot gold is rising early in Asia and recently climbed to $1,376.40 hitting the highest price since September 10, 2013.

Flash: Expect China's GDP at 7.3% in 2014 - NAB

According to Gerard Burg, Senior Economist at NAB, China is expected to grow by 7.3% in 2014.