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PBOC GUIDANCE
China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...
China's yuan hits 3-year high, stocks retreat, as investors await details from Trump-Xi summitChina's yuan reached a three-year high against the dollar as investors awaited outcomes from the Xi-Trump summit. While stock markets saw p...
Yuan trades near 10-month high on firm PBOC guidance, Fed outlookThe Chinese yuan is near a ten-month high against the dollar. The People's Bank of China is managing the yuan's appreciation. Analysts sugg...
China's yuan rises to 8-month high as PBOC moves to boost investor confidenceChina's yuan has surged to an eight-month high against the dollar, fueled by growing confidence in the Chinese economy and anticipation of ...
China's central bank asks state lenders to reduce dollar purchases, sources sayAmidst escalating trade tensions with the U.S., China's central bank is actively managing the yuan's value. The People's Bank of China (PBO...
China's yuan hits 16-month low despite firmer guidanceChina's yuan hit a 16-month low against the dollar, pressured by trade concerns, falling yields, and a strong dollar. Despite efforts by th...
China's yuan falls to near 3-month low on weaker fixing, tariff worriesThe Chinese yuan dropped to a near three-month low against the U.S. dollar due to a weakened official guidance and market concerns about po...
China's yuan eases to 7-month low on PBOC's weak guidanceChina's yuan eases to a seven-month low against the dollar, set for a sixth straight monthly decline in June. The central bank guides offic...
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...
How China talked markets out of a run on the yuanThis year, as China's economy wobbled and money left the country, the PBOC took a starkly different approach, defending the currency by sig...
Yuan ends domestic session at weakest since 2007 as outflow pressure buildsOn Friday, the central bank again looked to be shoring up the currency by setting guidance through its daily fixing that was stronger than ...
China asks banks to limit some Connect bond outflowsThe guidance "could reduce mainland capital flowing out through the bond market," said Ken Cheung, chief Asian FX strategist at Mizuho Bank...
China's yuan ends near 28-month low, set for worst week since AprilThe U.S. dollar strengthened in global markets, with benchmark U.S. Treasury yields hitting an 11-year high overnight, as investors positio...
China's offshore yuan falls to two-year low of 7 per dollarThe dollar reached as high as 7.0188 yuan in offshore trade, its highest since July 2020, and was last up 0.35% at 6.9995.
Explainer: Is China set to cut RRR soon? What are the implications?All eyes are now on the People's Bank of China (PBOC), which has been gradually scaling back pandemic-driven stimulus to curb debt risks, w...
Explainer-Is China set to cut RRR soon? What are the implications?Such reductions in the reserve requirement ratio (RRR) will help underpin the economy, especially small firms, the cabinet said, taking inv...
China aims to slow yuan's rise but likely to avoid drastic stepsPolicymakers fear rapid yuan gains could lure more speculative money into everything from property, to stocks and commodities, fuelling ass...
China's yuan falls to two-month lows as central bank sets weaker midpointThe yuan traded weaker than the official guidance rate first time since late September, as appetite for the currency wanes.
People's Bank of China tells banks to quicken mortgage lendingIt asked commercial banks to speed up the granting of home loans and to set mortgage rates at reasonable levels at a meeting on Monday.
China's yuan falls, seen remaining weak in the near termChina's yuan slipped against the dollar after the PBOC, which over the weekend widened the currency's trading band, set a weaker midpoint f...