PBOC
China’s renminbi climbs to 15-month high, overcoming weak PBOC fixing
On Dec 23, onshore yuan ends at 7.0287 per US dollar, while its offshore counterpart fetches 7.0181 at 4.30pm SGT[SHANGHAI] China’s renminbi climbed to a 15-month high against a...
Former PBOC deputy governor Liu Guiping to head Bank of China: sources
Published Thu, May 22, 2025 · 12:31 PM[BEIJING] China will appoint financial veteran Liu Guiping as chairman of Bank of China, the nation’s fourth largest state-owned bank, two sources...
PBOC set to reveal hand on yuan as depreciation talk mounts
[NEW YORK] A dramatic escalation in the trade war has brought China to a crossroads, with policymakers set to decide if they should retain a tight grip on the...
PBOC seen deploying stimulus soon on tariff risks, cash shortage
[NEW YORK] Global lenders such as JPMorgan Chase expect China to deliver its long-awaited monetary stimulus as early as in April, with timing likely dictated by the double threat...
PBOC injects most short-term funds this month amid cash crunch
The PBOC has been tolerating a surge in repo rates and kept liquidity conditions tight, aiming to support the yuan amid economic headwindsCHINA’S central bank increased injection of short-term...
China cash squeeze rolls on even after PBOC liquidity boosts
CHINA’S cash squeeze extended with some signs of disruption to trading, as a liquidity infusion from Beijing failed to counteract a spike in demand for funds.The volume-weighted average rate...
PBOC says it will temporarily halt buying of government bonds
CHINA’S central bank said it will temporarily halt its buying of government bonds, after the benchmark yield slid to a record low this month. The People’s Bank of China...
PBOC halts bond buying to defend yuan as economic gloom worsens
CHINA’S central bank said it will suspend buying government bonds, its latest attempt to temper investor bets on weak economic growth that have undermined the currency and sapped confidence...
