China: China's central bank keeps benchmark interest rate at 3.1%
The People's Bank of China (PBOC) announced Monday that it will keep its benchmark interest rate at 3.1% for the fourth consecutive month, in line with analysts' expectations of no change. The one-year prime lending rate (LPR) will remain at this level for at least another month,
China’s Central Bank Injects Near-Record Amount of Liquidity Into Banking System
The People’s Bank of China pumped about $131 billion worth of liquidity via seven-day reverse repurchase agreements.
China's central bank suspends treasury bond purchases
The People's Bank of China (PBC) announced on Friday that it has decided to temporarily suspend treasury bond purchases in the open market, starting from this month. The central bank said the decision was made as demand exceeded supply on the government bond market recently,
China leaves benchmark lending rates unchanged
China left benchmark lending rates unchanged for a third consecutive month, as expected, as a weakening yuan has limited Beijing's monetary policy easing efforts.
China Keeps Loan Prime Rates Unchanged
China’s commercial lenders held benchmark lending rates unchanged for the third consecutive month after Beijing eased monetary policy in October to boost slowing domestic demand.
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.
China keeps benchmark lending rates unchanged for 3rd straight month
China left key lending rates unchanged on Monday for the third straight month as the country seeks to maintain currency stability amid expectations of further monetary easing to support economic growth.
China to name Zou Lan as central bank deputy governor, sources say
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of ...
China’s central bank, securities regulator, pledge further support for stock buyback and repurchase program
China's central bank and top securities regulator have vowed to ramp up supportive policy tools to shore up the country's ...
中国日报网13d
China to increase finance support for green, low-carbon development: central bank official
BEIJING -- China's financial sector will promote the steady growth of green finance in support of green and low-carbon ...
Reuters12d
China's central bank halts bond buying as yuan struggles
The move breaks with five months of buying and coincides with a brutal selloff in global bond markets, suggesting the People ...
China’s Central Bank Reiterates Easing Pledges Amid Policy Dilemmas
The People’s Bank of China vowed to help the economy grow this year, firming expectations of more monetary easing.
Bloomberg L.P.14d
China’s Central Bank Buys More Gold as Prices Trade Near Record
China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared. Bullion held by the ...
Reuters12d
People's Bank of China
Asia Gold India demand slows, Lunar New Year fuels interest in other hubs January 10, 2025 The announcement by the People's Bank of China that it has suspended treasury bond purchases due to the ...
The Financial Times19d
China’s central bank plans policy overhaul as pressure mounts on economy
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The People’s Bank of China plans to cut interest rates this year as it makes a historic shift to a more ...
The Edge Singapore5d
China’s 2024 growth meets official 5% target on stimulus bump
The biggest bright spot in the economy last year was exports, which was very strong especially if price factor was excluded,” ...
Chinese yuan surges after Trump goes easy on China in inaugural address
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.