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PBOC CURRENCY RESEARCH
Gold price today: Gold rate crash to continue in June? All you need to knowGold rate will remain sensitive to developments in West Asia, according to bullion exparts.
China to allow more banks to handle digital yuan, sources sayThe push to put the digital yuan into the real economy has been slow so far since its launch in 2019, with most retail customers already ab...
Rupee weakens for the first time since US Fed rate cut, ends at 83.67 vs USDThe rupee weakened for the first time since the US Federal Reserve cut interest rates by 50 basis points on September 18 to end at 83.67/$1...
Gold Price Today: China pulls plug on buying, yellow metal plunges Rs 1,200/10 gram, silver by Rs 3,300/kgGold prices fell on Friday due to Chinese central bank halting purchases after hitting record highs. According to analysts, the record rall...
China's yuan hits 5-month low, strong official fix limits lossesEarlier in the day, the central bank kept a key policy interest rate steady as widely expected when rolling over maturing medium-term loans...
China vows privacy, information protection in using digital yuanLimited anonymity is a key feature of the digital yuan, Mu Changchun, director-general of the central bank's Digital Currency Research Inst...
China central bank expands digital yuan pilot scheme to more citiesTianjin, Chongqing, Guangzhou, Fuzhou, Xiamen and six cities in the coastal Zhejiang province will be added to the existing 10 major "pilot...
China deems all crypto-related transactions illegal, bitcoin slips 5%All cryptocurrency-related transactions are illegal and must be banned, People’s Bank of China says, sending the strongest signal yet on it...
Impact of Fed policy changes on China's markets is limited: PBOC"The positive effect of China's normal monetary policy stance is emerging," Sun Guofeng, head of the People's Bank of China's (PBOC) moneta...
China aims to cool Yuan’s surge by reducing cost of shortingFinancial institutions will no longer need to set aside cash when purchasing foreign exchange for clients.
China flirts with digital currency in four urban centres amid CovidChina has launched a trial of digital yuan in four urban centres of the country for specific services.
China’s PBOC ‘close’ to launching cryptocurrencyMu repeated the PBOC’s intention that the digital currency would replace M0, or cash in circulation, rather than M2, which would generate c...
China ex-central bankers warn of long currency war with USThe PBOC allowed the yuan to weaken below 7 to the dollar this week, prompting the US to accuse China of currency manipulation.
Light PBOC touch makes once unlikely yuan at 7/$ seem possibleYuan has lost more than 2.5 per cent against the dollar since the festering China-US trade dispute.
China’s Yuan drops to a decade-low, 7 per Dollar now in sightThe currency declined as much as 0.15 percent to 6.9724 per dollar in Shanghai.
Faced with trade war risk, yuan to manage only modest rise: Reuters pollThirteen of them kept their projections unchanged and the remaining 9 revised them to reflect a stronger currency.
The new head of China’s Central Bank faces a delicate balancing actIts $5.7 trillion in financial assets give it the biggest balance sheet among major global central banks — a product of years of trade surp...
People's Bank of the world? Next PBOC head inherits global cloutAn illustration of just how much the PBOC’s clout has grown came in August 2015 when an attempt to re-jig how China’s tightly controlled cu...
'China playing dangerous game of selling forex reserves'Zhang's call for Beijing to reverse the policy and abandon its heavy intervention in the foreign exchange market is gaining traction among ...
Rupee depreciates 7 paise to 68.14 against US dollarExperts believe that going ahead the domestic currency market will remain focused on currency movements in global markets.