The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize ...
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central ...
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 expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to ...
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.
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year ...
On Monday, the CSI 300, a blue-chip index for mainland China's stock exchanges, fell to the lowest since September. The ...
Beijing: China’s central bank is reiterating its pledge to lower interest rates and the reserve requirement ratio (RRR) for ...
CHINA reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session.
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 ...