Steve Rich FX › World financial centres › Beijing

ASIA-PACIFIC · CHINA · FINANCIAL CENTRE

Beijing — world financial centre

Beijing is home to the People's Bank of China.

Central bank

People's Bank of China (PBOC)

Sets the interest rate of the CNY.

How the PBOC moves the CNY →

Frequently asked

Why is Beijing a financial centre?

Beijing is home to the People's Bank of China. Together they make the city a place where money is priced, traded and settled.

Which central bank is in Beijing?

People's Bank of China — it sets the interest rate of the CNY, which is why forex traders follow its decisions closely.

How can I learn to trade the Beijing session?

The ForeXistenZ Academy by Steve Rich teaches how the world’s trading sessions hand over to each other and how to trade them, inside the ForeXistenZ membership.

More financial centres in Asia-Pacific