China NBS: the economy remains resilient, but the external environment becomes more complex and severe

After the publication of the February activity data from Chinathe National Statistics Office (NBS) expressed its perspective on the economy during its press conference on Monday.

Outstanding comments (via reuters)

China’s economy remains resilient, but the external environment becomes more complex and severe.

Reach the growth target of 2025 ‘will not be easy’.

China’s real estate market faces some pressures despite stabilization signs.

history in development …

Market reaction

AUD/USD It maintains slight profits above 0.6300, rising 0.13% in the day, at the time of the press.

Australian dollar Price today

The lower table shows the percentage of change of the Australian dollar (AUD) compared to the main currencies today. Australian dollar was the strongest currency against the Canadian dollar.

USD EUR GBP JPY CAD Aud NZD CHF
USD -0.04% 0.00% -0.07% -0.04% -0.00% -0.24% -0.08%
EUR 0.04% -0.07% -0.40% 0.00% -0.10% -0.21% -0.07%
GBP -0.01% 0.07% -0.06% -0.14% -0.04% -0.15% -0.06%
JPY 0.07% 0.40% 0.06% 0.03% -0.15% -0.12% -0.15%
CAD 0.04% -0.00% 0.14% -0.03% -0.16% -0.19% -0.59%
Aud 0.00% 0.10% 0.04% 0.15% 0.16% -0.08% 0.05%
NZD 0.24% 0.21% 0.15% 0.12% 0.19% 0.08% 0.14%
CHF 0.08% 0.07% 0.06% 0.15% 0.59% -0.05% -0.14%

The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the Australian dollar of the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the Aud (base)/USD (quotation).

Source: Fx Street

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