Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
Cancel Confirm
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
27 Jul 2023

PBOC sets USD/CNY reference rate at 7.1265 vs. 7.1295 previous

People’s Bank of China (PBoC) set the USD/CNY central rate at 7.1265 on Thursday, versus the previous fix of 7.1295 and market expectations of 7.1486. It's worth noting that the USD/CNY closed near 7.1371 the previous day.

About PBOC fix

China maintains strict control of the yuan’s rate on the mainland.

The onshore yuan (CNY) differs from the offshore one (CNH) in trading restrictions, this last one is not as tightly controlled.

Each morning, the People’s Bank of China (PBOC) sets a so-called daily midpoint fix, based on the yuan’s previous day's closing level and quotations taken from the inter-bank dealer.

Jul 27, 2023

EUR/JPY consolidates weekly losses below 156.00 as markets await ECB, BoJ

EUR/JPY portrays the typical pre-data consolidation during early Thursday as it prints the first daily gains in four around 155.60 while bracing for t
Read more Previous
Jul 27, 2023

WTI retreats from a three-month high and holds above $79 per barrel, eyes on US data

Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around the $79.20 mark so far this Thursday. WTI retreats from a three-month
Read more Next