The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize ...
The issuance is set to be the biggest issuance of its kind on record since the PBoC started bill auctions in the city in 2018. The onshore renminbi fell to Rmb7.33 against the dollar on Wednesday, its ...
China reaffirmed its support for the yuan after a sudden drop in the currency late last week fanned speculation that ...
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to ...
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year ...
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily ...
China's renminbi hit a 16-month low amid fears of US tariffs under Trump, despite the PBoC maintaining steady daily rates.
On Monday, the CSI 300, a blue-chip index for mainland China's stock exchanges, fell to the lowest since September. The ...
CHINA reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session.
Beijing: China’s central bank is reiterating its pledge to lower interest rates and the reserve requirement ratio (RRR) for ...
The PBOC had been setting the fixing at stronger-than-expected levels since November, while state-owned banks sold dollars occasionally to cap weakness in the yuan. “So far the fixing pattern is ...