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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.
PBOC Boosts Support for Yuan After Currency’s Year-End Tumble
China is keeping its hand firmly on the yuan, supporting the currency via the official daily reference rate after it slid to the weakest level since 2022 at year-end in offshore trading.
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.
3d
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 ...
1d
Morning Bid: Pre-Trump trades lift US yields, yuan shaky
European shares held steady on Tuesday after inflation data matched expectations, while Asian shares rose as some investors ...
2d
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 ...
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 ...
4d
China’s central bank says it will cut banks reserves, rates at proper time
China's central bank said it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, ...
18h
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 ...
Gulf Times
5d
PBoC seen delaying reserve ratio cut after $233bn cash injection
China’s central bank injected massive liquidity into the market at the end of 2024 without using high-profile stimulus, as ...
4d
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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China
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