Banks China cuts key lending rates in surprise move Nada Ali Jul 22, 2024 0 The People's Bank of China (PBC) unexpectedly lowered short-term rates by 10 basis points and reduced benchmark…
Banks China’s c. bank for more efficient banking liquidity Nada Ali Jul 8, 2024 0 China's central bank announced a new tool on Monday to improve control over liquidity and interest rates in the…
Money China’s foreign reserves dip 0.3% in June Nada Ali Jul 7, 2024 0 China's foreign exchange reserves reached $3.2224 trillion at the end of June 2024, a slight decrease of 0.3 per…
Banks China’s c. bank pauses gold buying for 2nd month Nada Ali Jul 7, 2024 0 China's central bank, the People's Bank of China (PBC), extended its gold buying hiatus for a second month in June.
Banks China pumps $701.56m via central bank bills swap Nada Ali Jun 27, 2024 0 The People's Bank of China (PBC) announced a three-month central bank bills swap (CBS) operation worth 5 billion…
The Watch China’s yuan edges up against dollar Nada Ali May 27, 2024 0 The Chinese yuan (RMB) edged higher against the US dollar on Monday, with the central parity rate rising 11 pips to…
Money Chinese yuan weakens slightly against dollar Nada Ali May 22, 2024 0 The Chinese yuan weakened slightly against the US dollar on Wednesday, with the CFETS setting the central parity…
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…