The PBOC has prioritized defending the yuan against the pressure for it to depreciate on anticipation of higher tariff rates.
China’s ramp-up in liquidity injections has failed to alleviate a squeeze in the money market, keeping borrowing costs ...
CHINA’S central bank increased injection of short-term funds into the financial system on Friday (Feb 21), in an attempt to ...
China is expected to leave its benchmark lending rates unchanged on Thursday, a Reuters poll showed, as authorities walk a ...
To allow for currency swap and Yuan settlement to play their respective roles. The Chinese proxy, the Australian Dollar (AUD) is unperturbed by these headlines. AUD/USD is trading 0.50% firmer on the ...
China has appointed Zou Lan as deputy governor of the People's Bank of China (PBOC), the human resources ministry said on ...
These rates guide everything from corporate loans to household mortgages, and right now, stability is the name of the game. Speaking at a conference in Saudi Arabia, PBOC Governor Pan Gongsheng ...
China’s central bank governor has offered to deepen financial ties with emerging economies and help them gain a greater voice ...
Gold hits a fresh all-time high on strong demand. It hit a high of $2954 and is currently trading around $2951.66. Chinas ...
Both manufacturing and services firms noted softer cost pressures.” On Tuesday, the People’s Bank of China (PBoC) reduced the Reserve Requirement Ratio (RRR) by 50 basis points. China’s ...
As global momentum appears to be building for the development of central bank digital currencies (CBDCs) – bringing with it the potential to ...
The benchmark lending rates, normally charged to banks' best clients, are calculated monthly after several designated commercial banks submit proposed rates to the PBOC. China's central bank ...