The People’s Bank of China (PBOC) has set the yuan reference rate at 6.8361 versus Friday’s fix at 6.8389.
Read More »PBOC Sets Yuan Reference Rate at 6.9079
The People’s Bank of China (PBOC) has set the yuan reference rate at 6.9079 versus Tuesday’s fix at 6.9183.
Read More »PBOC Sets Yuan Reference Rate at 6.9107
The People’s Bank of China (PBOC) has set the yuan reference rate at 6.9107 versus Thursday’s fix at 6.9274.
Read More »PBOC Sets Yuan Reference Rate at 6.9168
The People’s Bank of China (PBOC) has set the yuan reference rate at 6.9168 versus Monday’s fix at 6.9325.
Read More »China: Will Not Resort to Flood-Like Stimulus
The Chinese state media reported on Monday, citing a statement from China’s cabinet saying that China will not resort to flood-like stimulus, adding that they will keep liquidity reasonably ample. This comes after the PBOC injected liquidity into the system, offering 700bn yuan in a medium term lending facility earlier …
Read More »China’s Economy Recovers, PBOC Pausing Stimulus
As the world’s second-largest economy rebounds, People’s Bank of China (PBOC) is pausing its monetary policy easing, Reuters reported, citing four sources on the matter. The report says that the PBOC doesn’t see the need to ease further amid the economic recovery. Earlier this year, China’s central bank took extensive …
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