Banks China holds inyterest rates steady at 3.45% Nada Ali May 20, 2024 0 Chinese banks kept their benchmark lending rates on Monday.
Featured China’s c. bank collects $17.3b in MLF loans Nada Ali May 15, 2024 0 China's central bank rolled over 125 billion-yuan ($17.3 billion) in maturing medium-term lending facility (MLF)…
International News Chinese yuan falls slightly against USD on Monday Nada Ali May 13, 2024 0 The Chinese yuan slightly weakened against the US dollar on Monday, with the central parity rate set at 7.1030 yuan…
News China’s yuan strengthens against dollar Nada Ali Apr 24, 2024 0 China's yuan gained ground 11 pips to 7.1048 yuan per dollar on Wednesday.
International News China’s c. bank injects $281.6m into banking system Nada Ali Apr 17, 2024 0 China's central bank announced a move to inject liquidity into the banking system on Wednesday, by conducting two…
Banks China injects $28.16b early boost to ’24 investment plans Nada Ali Apr 17, 2024 0 China is ramping up its economic stimulus by allocating over 200 billion yuan ($28.16 billion) early this year,…
Banks China pours $281m liquidity to bolster business activity Nada Ali Apr 15, 2024 0 The People's Bank of China (PBC) conducted seven-day reverse repos worth two billion yuan ($281.77 million) at an…
Banks China’s c. bank keeps MLF rate unchanged Nada Ali Apr 15, 2024 0 The People’s Bank of China (PBC) maintained the medium-term lending facility (MLF) rate at 2.50 per cent on Monday,…
Banks China’s c. bank continues gold-buying streak for 17th consecutive month Nada Ali Apr 7, 2024 0 China’s central bank persistently bolstered its gold reserves for the 17th consecutive month in March.
Tech news China’s c. bank plans $70b re-lending programme Nada Ali Apr 7, 2024 0 The People’s Bank of China (PBC) will set up a 500 billion-yuan ($70 billion) re-lending program to support the…