China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Tuesday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.
Argentina’s Central Bank Governor Santiago Bausili and Finance Secretary Pablo Quirno are scheduled to meet with People’s Bank of China Governor Pan Gongsheng in Beijing on Monday.
Analysts say Beijing’s currency strategy reflects broader ambitions to reshape global financial power and insulate its economy from sanctions risk - Anadolu Ajansı ...
BEIJING -- China's monetary policy is currently supportive, with an emphasis on domestic imperatives while balancing both domestic and external situations, central bank governor Pan Gongsheng said on ...
Headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China. [Photo/Xinhua] Pan Gongsheng, governor of the People's Bank of China, said on Monday that China's monetary ...
On the wholesale side, the lack of a widely available euro-denominated asset to settle transactions using distributed ledger ...
It was already known that the US dollar has been under pressure as a global reserve currency for some time. But China has now announced an ambitious plan to concretely undermine the dominance of ...
Spurred on by these legal developments, JPMorgan’s momentous move to introduce secured financing products backed by ...
New pact designates a new yuan clearing bank, boosts cross-listings and expands green finance, accelerating the international use of China’s currency.
China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar. Geopolitical uncertainty – ...
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