The headquarters of the People's Bank of China in Beijing Photo: IC. The People's Bank of China (PBC) conducted 14-day reverse repos at an interest rate of 1.65 percent on Sunday,
China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.
The People's Bank of China (PBOC) announced Monday that it will keep its benchmark interest rate at 3.1% for the fourth consecutive month, in line with analysts' expectations of no change. The one-year prime lending rate (LPR) will remain at this level for at least another month,
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of the central bank, two sources with knowledge of the matter said.
Asian equities were mixed overnight as Hong Kong, Mainland China, Thailand, and South Korea all underperformed while Taiwan was closed.
The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year LPR at 3.6% for mortgages. Both rates are at record lows following rate reductions last year in October and July.
China's central bank and top securities regulator have vowed to ramp up supportive policy tools to shore up the country's capital market. The remarks were made at a recent seminar on stock buyback and repurchase loaning program,
China’s central bank injected a near record-high amount of liquidity into the banking system to help meet demand for cash even as it looks to support the yuan. The People’s Bank of China on ...
Investments from the National Social Security Fund, mutual funds and other sources will be increased to boost the stock market, regulators say.
An outpouring of Chinese government bond issuance and early signs of improvement in the housing market helped stir up appetite for financing in December, drawing to a close a year when new loans declined for the first time since 2011.
The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a weakening local currency. Read more here.
The biggest bright spot in the economy last year was exports, which was very strong especially if price factor was excluded,” Jacqueline Rong, chief China economist at BNP Paribas SA.