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’s central bank said it will step up financial support for technology innovation and consumption stimulation as part of ...
On Monday, the CSI 300, a blue-chip index for mainland China's stock exchanges, fell to the lowest since September. The ...
Beijing: China’s central bank is reiterating its pledge to lower interest rates and the reserve requirement ratio (RRR) for ...
China maintained a tight grip on the yuan with its daily reference rate, as an overnight rally in the dollar threatened to ...
Cryptopolitan on MSN6h
Trump tariffs crash China’s economy to a 16-month low – BRICS allies are nextChina's renminbi hit a 16-month low amid fears of US tariffs under Trump, despite the PBoC maintaining steady daily rates.
AUD/USD remains pressured toward 0.6200 following the release of Australian consumer inflation figures, which showed a ...
The PBOC had been setting the fixing at stronger-than-expected levels since November, while state-owned banks sold dollars occasionally to cap weakness in the yuan. “So far the fixing pattern is ...
China’s central bank injected massive liquidity into the market at the end of 2024 without using high-profile stimulus, as ...
On Tuesday, despite the strengthened U.S. dollar and rising U.S. Treasury yields curbing buyer interest in precious metals, ...
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.
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