PBOC, Yuan and FX Support
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year ...
On Monday, the CSI 300, a blue-chip index for mainland China's stock exchanges, fell to the lowest since September. The ...
Beijing: China’s central bank is reiterating its pledge to lower interest rates and the reserve requirement ratio (RRR) for ...
China maintained a tight grip on the yuan with its daily reference rate, as an overnight rally in the dollar threatened to ...
AUD/USD remains pressured toward 0.6200 following the release of Australian consumer inflation figures, which showed a ...
China’s central bank injected massive liquidity into the market at the end of 2024 without using high-profile stimulus, as ...
China’s central bank said it will step up financial support for technology innovation and consumption stimulation as part of ...
To ensure the market has enough liquidity, the PBOC instead last month injected 1.7 trillion yuan ($233 billion) of cash to banks via the outright reverse repo and government bond purchases.
The People's Bank of China (PBOC) said on Friday that it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, per Reuters. The Chinese central bank ...
On Tuesday, despite the strengthened U.S. dollar and rising U.S. Treasury yields curbing buyer interest in precious metals, ...
The PBOC had been setting the fixing at stronger-than-expected levels since November, while state-owned banks sold dollars occasionally to cap weakness in the yuan. “So far the fixing pattern is ...