Banks China’s central bank keeps interest rates steady Yassmine Elbehnaihy May 15, 2023 0 The People’s Bank of China (PBOC) has extended maturing medium-term policy loans with the interest rate at 2.75…
Banks China’s lending rates keep unchanged for 6th months in row Yassmine Elbehnaihy Feb 21, 2023 0 China keeps benchmark lending rates unchanged for the sixth month this February, as the one-year loan prime rate…
Money China central bank cuts a key lending rate to help boost coronavirus-hit economy Amwal Al Ghad English Feb 20, 2020 0 China’s central bank has cut the loan prime rate on Thursday in a widely-anticipated step to help lower borrowing…
Money China’s central bank to use LPR for pricing existing floating-rate loans Amwal Al Ghad English Dec 28, 2019 0 China’s central bank on Saturday announced it would use the loan prime rate (LPR) as a new benchmark for pricing…
Money China makes unexpected short-term funding rate cut, the first since 2015 Amwal Al Ghad English Nov 18, 2019 0 China’s central bank on Monday unexpectedly trimmed a closely watched lending rate, the first such cut it made in…
Money China c.bank aims to significantly lower real interest rates through reforms Amwal Al Ghad English Nov 16, 2019 0 China’s central bank said on Saturday it will aim to significantly lower real interest rates through reforms.
Money China sets daily yuan midpoint at 7.0312/dollar Amwal Al Ghad English Aug 14, 2019 0 China’s central bank fixed on Wednesday the official midpoint reference for the yuan at 7.0312 per dollar —…
Banks China c.bank cuts some banks’ reserve requirements to spur growth Amwal Al Ghad English Oct 8, 2018 0 China's central bank announced on Sunday it will cut the amount of cash that most banks must hold as reserves to…
Banks Trade war’s impact on China to be insignificant, ex-c.bank governor says Amwal Al Ghad English Sep 8, 2018 0 The trade war between Washington and Beijing will not have a huge impact on the Chinese economy, the former…
forex news China’s yuan hits 11-month low, sparking comparisons to 2015 rout Amwal Al Ghad English Jul 3, 2018 0 China's currency on Tuesday hit its lowest level against the greenback in 11 months amid concerns that a tariff…