China’s ramp-up in liquidity injections has failed to alleviate a squeeze in the money market, keeping borrowing costs ...
The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1696 as compared ...
CHINA’S central bank increased injection of short-term funds into the financial system on Friday (Feb 21), in an attempt to ...
To allow for currency swap and Yuan settlement to play their respective roles. The Chinese proxy, the Australian Dollar (AUD) is unperturbed by these headlines. AUD/USD is trading 0.50% firmer on the ...
BEIJING - The People's Bank of China (PBOC) will promote the use of renminbi (RMB) in cross-border payments, pricing, ...
Chinese technology stocks advanced sharply on Friday, with Alibaba Group Holding Ltd. jumping 11.41% in Hong Kong trading, as ...
China’s central bank governor has offered to deepen financial ties with emerging economies and help them gain a greater voice ...
PBOC VOWS TO IMPROVE CREDIT ENHANCEMENT SYSTEM FOR PRIVATE COMPANIES. Friedrich Merz, migration hardliner and longtime rival ...
As global momentum appears to be building for the development of central bank digital currencies (CBDCs) – bringing with it the potential to ...
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