China makes unexpected short-term funding rate cut, the first since 2015
China’s central bank on Monday unexpectedly trimmed a closely watched lending rate, the first such cut it made in…
Browsing Tag
PBOC
China c.bank aims to significantly lower real interest rates through reforms
China’s central bank said on Saturday it will aim to significantly lower real interest rates through reforms.
China sets daily yuan midpoint at 7.0312/dollar
China’s central bank fixed on Wednesday the official midpoint reference for the yuan at 7.0312 per dollar —…
China c.bank cuts some banks’ reserve requirements to spur growth
China's central bank announced on Sunday it will cut the amount of cash that most banks must hold as reserves to…
Trade war’s impact on China to be insignificant, ex-c.bank governor says
The trade war between Washington and Beijing will not have a huge impact on the Chinese economy, the former…
China’s yuan hits 11-month low, sparking comparisons to 2015 rout
China's currency on Tuesday hit its lowest level against the greenback in 11 months amid concerns that a tariff…
China’s central bank ‘playing dangerous game’ to defend yuan
China's central bank is playing a dangerous game using the country's foreign reserves to prop up the yuan because…
China’s yuan falls to its lowest in nearly eight years as dollar jumps after US election
China's currency dropped on Tuesday to nearly eight-year lows against the dollar as a rise in the greenback…
China Bank fixes yuan at lowest level against dollar in more than 5 years
The People’s Bank of China set on Wednesday its daily yuan-fixing at the weakest level against the U.S. dollar in…
China suspends forex business for some foreign banks: Reuters
China's central bank has suspended at least three foreign banks from conducting some foreign exchange business…