PBOC

PBOC seen delaying RRR cut after adding liquidity via new tools
PBOC seen delaying RRR cut after adding liquidity via new tools
January 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 returns...
PBOC offers strongest yuan support since July after US dollar gains
PBOC offers strongest yuan support since July after US dollar gains
December 19, 2024
CHINA ramped up support for the currency via its daily reference rate after US Federal Reserve’s caution over future interest rate cuts boosted the US dollar and sent the...
PBOC head vows to boost China countercyclical monetary measures
PBOC head vows to boost China countercyclical monetary measures
November 5, 2024
CHINA’S central bank chief pledged to maintain an accommodative monetary policy stance and to double down on countercyclical adjustments to support the country’s economic growth. In a report on...
PBOC adds outright reverse repo to monetary policy toolbox
PBOC adds outright reverse repo to monetary policy toolbox
October 28, 2024
CHINA’S central bank is introducing so-called outright reverse repurchase agreements as a monetary policy tool.The People’s Bank Of China (PBOC) will conduct monthly outright reverse repos with primary dealers,...
PBOC programme sparks buybacks, long-term value doubt
PBOC programme sparks buybacks, long-term value doubt
October 21, 2024
23 companies listed in Shanghai and Shenzhen have applied for more than 10 billion yuan in loansThe Chinese central bank’s programme to issue loans for share buybacks has provided...
China traders bet PBOC will keep yuan in hand even if Trump wins
China traders bet PBOC will keep yuan in hand even if Trump wins
October 21, 2024
CHINA’S domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence will be contained around the US presidential election period.A gauge of one-month...
China stimulus hopes rise as PBOC cuts rate, plans briefing
China stimulus hopes rise as PBOC cuts rate, plans briefing
September 23, 2024
CHINA announced plans for a rare briefing on the economy by three top financial regulators just as it cut one of its short-term policy rates, fuelling speculation authorities are...
China’s banks maintain key lending rates as PBOC stays on pause
China’s banks maintain key lending rates as PBOC stays on pause
September 20, 2024
CHINESE banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus while financial institutions struggle with record-low profit margins.The one-year loan prime rate...
China sees room to lower reserve requirement ratio, PBOC official says
China sees room to lower reserve requirement ratio, PBOC official says
September 5, 2024
The average RRR for financial institutions is around 7% at present, “so there is some room,” says officialChina still sees some room to lower the amount of cash banks...
PBOC holds policy rate steady after warning on bond rally
PBOC holds policy rate steady after warning on bond rally
August 26, 2024
CHINA’S central bank left a key interest rate unchanged, keeping a lid on a bond frenzy as it stays patient in supporting the economy.The People’s Bank of China (PBOC)...