PBoC Interest Rate Decision

The PBoC Interest Rate Decision is announced by the People´s Bank of China. If the PBoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CNY. Likewise, if the PBoC has a dovish view on the Chinese economy and keeps the ongoing interest rate, or cuts the interest rate it is negative, or bearish.

STARTED - Wednesday 20 November 2024 01:15

The typical/expected impact on CNY pairs is medium.

Previous
3.1%
Forecast
3.1%
Actual
3.1%

Next event - Friday 20 December 2024 01:15

Previous
-
Forecast
-
Actual
-

The typical/expected impact on CNY pairs is medium.

There is no forecast value for PBoC Interest Rate Decision yet - check back for updates.

Trading range

Forecast history

The most recent announced value for PBoC Interest Rate Decision was 3.1% against a forecast of 3.1%.

Past events

Date
Forecast
Actual
Wednesday 20 November 2024 01:15
3.1%
3.1%
Monday 21 October 2024 01:00
3.15%
3.1%
Friday 20 September 2024 01:15
3.35%
3.35%
Tuesday 20 August 2024 01:15
3.35%
3.35%
Monday 22 July 2024 01:15
3.45%
3.35%
Thursday 20 June 2024 01:15
3.45%
3.45%
Monday 20 May 2024 01:15
3.45%
3.45%
Monday 22 April 2024 01:15
3.45%
3.45%
Wednesday 20 March 2024 01:15
3.45%
3.45%
Tuesday 20 February 2024 01:15
3.3%
3.45%
Monday 22 January 2024 01:15
-
3.45%
Wednesday 20 December 2023 01:15
3.45%
3.45%
Monday 20 November 2023 01:15
3.45%
3.45%
Friday 20 October 2023 01:15
3.45%
3.45%
Wednesday 20 September 2023 01:15
3.45%
3.45%
Monday 21 August 2023 01:15
3.4%
3.45%
Thursday 20 July 2023 01:15
3.55%
3.55%
Tuesday 20 June 2023 01:15
3.55%
3.55%
Monday 22 May 2023 01:15
3.65%
3.65%
Thursday 20 April 2023 01:15
3.65%
3.65%
Monday 20 March 2023 01:15
3.65%
3.65%
Monday 20 February 2023 01:15
-
3.65%
Friday 20 January 2023 01:15
-
3.65%
Tuesday 20 December 2022 01:15
-
3.65%
Monday 21 November 2022 01:15
-
3.65%
Thursday 20 October 2022 01:15
-
3.65%
Tuesday 20 September 2022 01:15
-
3.65%
Monday 22 August 2022 01:15
-
3.65%
Wednesday 20 July 2022 01:10
-
3.7%
Monday 20 June 2022 01:30
-
3.7%
Friday 20 May 2022 01:15
-
3.7%
Wednesday 20 April 2022 01:15
-
3.7%
Monday 21 March 2022 01:15
-
3.7%
Monday 21 February 2022 01:15
-
3.7%
Thursday 20 January 2022 01:30
-
3.7%
Monday 20 December 2021 01:30
-
3.8%
Monday 22 November 2021 01:30
-
3.85%

Economic context

Recent economic data has been broadly neutral for CNY. Other recent announcements which may affect the market's interpretation of the next PBoC Interest Rate Decision result:

PreviousLatest
Industrial Production (YoY)Bearish change5.4%5.3%
Retail Sales (YoY)Bullish change3.2%4.8%
Consumer Price Index (MoM)Bearish change0%-0.3%
Consumer Price Index (YoY)Bearish change0.4%0.3%
Producer Price Index (YoY)Bearish change-2.8%-2.9%
Exports (YoY)Bullish change2.4%12.7%
Exports (YoY) CNYBullish change1.6%11.2%
Imports (YoY)Bearish change0.3%-2.3%
Imports (YoY) CNYBearish change0.7%-3.7%
Trade Balance CNYBullish change582.62B679.1B
Trade Balance USDBullish change$81.71B$95.27B

About PBoC Interest Rate Decision

Country:China
Currency:CNY
Source:The People's Bank of China
Category:Interest Rates
Frequency:Irregular
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