Live news: PBoC to launch largest offshore renminbi auction on …
1 day ago · The People’s Bank of China will auction Rmb60bn ($8.2bn) of six-month bills in Hong Kong next week, its latest move to support the yuan as the currency sags at a 16-month low.. The issuance ...
CNY/USD: PBOC Taps Record Bill Issuance in Hong Kong to …
11 hours ago · China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity. The People’s Bank of China will auction 60 ...
PBOC Seen Delaying Reserve Ratio Cut After $233 Billion Cash …
Jan 2, 2025 · 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.
PBOC Seen Delaying RRR Cut After Adding Liquidity Via New Tools
Jan 2, 2025 · China’s central bank injected massive liquidity into the market at the end of 2024 without using high-profile stimulus, as officials preserve policy space before US President-elect Donald Trump...
PBOC Steps Up Liquidity Injection With New Tools At Year-End
Dec 31, 2024 · China’s central bank injected 1.7 trillion yuan ($233 billion) of cash in December, dialing up liquidity support for the economy and financial markets at year-end.
People’s Bank of China (PBOC) - South China Morning Post
Sep 30, 2024 · People’s Bank of China governor says it is the first time central bank has ‘innovated structural monetary policy tools to support the capital market’. PBOC’s moves are not enough, given the...
People’s Bank of China (PBoC) - Central Banking
Nov 29, 2024 · Latest People’s Bank of China (PBoC) articles on Central Banks Policy, Regulation, Markets & Institutions.
China's PBOC announces RRR cut as it seeks to boost growth
Jan 24, 2024 · Pan Gongsheng was named party secretary of the People's Bank of China on July 1, 2023. BEIJING — China pledged to reduce the amount of liquidity that its banks are required to hold as...
People's Bank Of China | Reuters
Dec 9, 2024 · The People's Bank of China (PBOC) aims to create a more market-driven interest rate curve and move away from quantitative policy tools to help wean the economy off state-directed bank...
China is lining up a Harvard-trained economist as its next ... - CNN
Jul 3, 2023 · Pan Gongsheng was appointed Saturday as the new Communist Party chief at the People’s Bank of China (PBOC), in a surprise move as Beijing bolsters its drive to arrest the country’s economic...