PBOC to issue 60b yuan central bank bills in Hong Kong
The People's Bank of China will issue central bank bills worth 60 billion yuan ($8.18 billion) in Hong Kong on Jan 15, which experts said sends a policy signal of strengthening offshore renminbi liquidity management and stabilizing the yuan exchange rate.
China’s central bank said it will temporarily halt its buying of government bonds after the benchmark yield slid to a record ...
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 ...
Beijing: China’s central bank is reiterating its pledge to lower interest rates and the reserve requirement ratio (RRR) for ...
Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The ...
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.
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily ...
Gold prices surged by Rs 300 in India, driven by strong global cues including increased PBoC reserves and risk-off sentiment ...
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