The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.
The People’s Bank of China (PBOC) added a net 84 billion yuan (S$15.4 billion) of cash in daily open market operations, according to Bloomberg calculations. That’s the largest single-day infusion in ...
Both manufacturing and services firms noted softer cost pressures.” On Tuesday, the People’s Bank of China (PBoC) reduced the Reserve Requirement Ratio (RRR) by 50 basis points. China’s ...
That’s the largest single-day infusion in February, when the central bank has been draining liquidity in most sessions. The PBOC has been tolerating a surge in repo rates and kept liquidity conditions ...
Government bond yields edged up in most tenors. The PBOC has been tolerating a surge in repo rates this year and kept liquidity conditions tight, aiming to support the yuan amid economic headwinds.
China is holding its benchmark lending rates steady as the PBOC goes into full-on defense mode to protect financial stability amid a sharp acceleration in capital outflows. The yuan has been under ...
(Bloomberg) -- China’s central bank increased injection of short-term funds into the financial system on Friday, in an attempt to ease a cash crunch that has roiled the nation’s bond market.
China would also work with Gulf Cooperation Council (GCC) members on digital currency and anti-money-laundering efforts, Pan added, according to a news release issued by the PBOC on Tuesday.