PBOC, Yuan
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year ...
China maintained a tight grip on the yuan with its daily reference rate, as an overnight rally in the dollar threatened to ...
On Monday, the CSI 300, a blue-chip index for mainland China's stock exchanges, fell to the lowest since September. The ...
RBI accumulated 73 tons of gold. This massive acquisition made it the second-largest buyer after the National Bank of Poland ...
Beijing: China’s central bank is reiterating its pledge to lower interest rates and the reserve requirement ratio (RRR) for ...
China’s central bank said it will step up financial support for technology innovation and consumption stimulation as part of ...
AUD/USD remains pressured toward 0.6200 following the release of Australian consumer inflation figures, which showed a ...
China’s central bank injected massive liquidity into the market at the end of 2024 without using high-profile stimulus, as ...
To ensure the market has enough liquidity, the PBOC instead last month injected 1.7 trillion yuan ($233 billion) of cash to banks via the outright reverse repo and government bond purchases.
Peng Lifeng, an official at the People’s Bank of China (PBOC), said in a statement on Wednesday that the central bank “will ...
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