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PBOC, Yuan
PBOC Reinforces Yuan Support With Fixing Stronger Than Key Level
China reaffirmed its support for the yuan after a sudden drop in the currency late last week fanned speculation that policymakers will greenlight a sharper depreciation.
PBOC maintains support for yuan with fix stronger than key level
CHINA reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session. Read more at The Business Times.
How does PBOC’s yuan fixing impact global FX markets?
The PBOC’s daily yuan fixing influences global FX markets, impacts trade balances, and shapes currency trends across Asia and beyond.
Yuan Traders Look to PBOC Fixing to Gauge Level of FX Support
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily reference rate for the managed currency to gauge Beijing’s appetite to support it.
Yuan Mixed as Traders Digest PBOC’s USD/CNY Fixing
Yuan was mixed against the U.S. dollar as traders digested the PBOC’s fixing of USD/CNY at 7.1876 this morning, below the psychological 7.2000 level.
1d
PBoC reiterates rates, reserve ratio to be cut ‘at appropriate time’
Beijing: China’s central bank is reiterating its pledge to lower interest rates and the reserve requirement ratio (RRR) for ...
Yicai Global
11h
China’s Central Bank, Forex Regulator Signal Commitment to Steady Yuan Exchange Rate
The PBOC is likely to cut the reserve requirement ratio by 50 bps in the first and third quarters this year to support ...
1d
Morning Bid: Pre-Trump trades lift US yields, yuan shaky
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
2d
on MSN
China’s PBOC Vows More Support for Innovation and Consumption
China’s central bank said it will step up financial support for technology innovation and consumption stimulation as part of ...
4d
PBOC says rate cuts are likely in 2025 at an appropriate time
The People's Bank of China (PBOC) said on Friday that it is likely to cut interest rates from the current level of 1.5% "at ...
22h
on MSN
China hurries to shore up sliding yuan and stock markets
China's stock exchanges and central bank rushed to defend a tumbling yuan and falling stock markets on Monday, trying to ...
4h
Introduction of bourse stabilization fund in focus
CHINA should speed up the establishment of the much-anticipated stock market stabilization fund this year as an emergency ...
3d
PBoC: Will cut RRR and interest rates at proper time
The People's Bank of China's (PBoC) Monetary Policy Committee said on Friday that they will cut the reserve ratio requirements (RRR) and interest rates at proper time, per Reuters. "Recommending ...
3d
China's cenbank warns mutual funds against feeding bond frenzy, sources say
China's central bank summoned some fund managers on Friday to warn them against chasing a fervid bond rally, two sources said ...
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