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PBOC RATE CUTS
China caught in policy dilemma as Fed rate cut loomsChina's central bank may not cut rates soon. This is despite the expected rate cut by the US Federal Reserve. Policymakers are balancing ec...
China cuts benchmark loan prime rates by 25 bpsThe one-year loan prime rate (LPR) was lowered by 25 basis points to 3.10 from 3.35%, while the five-year LPR was cut by the same margin to...
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...
PBOC cuts short-term rate ahead of briefingThe decision to lower the 14-day reverse repurchase rate to 1.85% from 1.95% came ahead of the National Day Holiday that will last seven da...
China surprises with cuts to key rates to support weak economyChina unexpectedly reduced a key short-term policy rate and benchmark lending rates on Monday to stimulate growth in the world's second-lar...
China's central bank leaves key policy rate unchanged as expectedChina's central bank kept the medium-term lending facility (MLF) rate unchanged at 2.50%, aligning with market expectations. The decision r...
China central bank ramps up liquidity support via policy loans, rate unchangedWith 500 billion yuan worth of MLF loans maturing, the PBOC is injecting fresh liquidity into the banking system. Market watchers polled by...
China's cenbank boosts liquidity further with MLF policy tool, rate unchangedThe People's Bank of China (PBOC) said it was keeping the rate on 591 billion yuan ($81.2 billion) worth of one-year medium-term lending fa...
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.
China stocks end lower after cenbank keeps benchmark rates unchangedThe blue-chip CSI300 index fell 0.4% to 4,634.31, while the Shanghai Composite Index was unchanged at 3,490.61 points.
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 cuts medium-term borrowing costs to record low, steps up pandemic battleIn a statement, the central bank said that it was injecting 100 billion yuan ($14.19 billion) through the liquidity tool.
Why China’s starting to shake up its interest ratesMost central banks govern the price of money in an economy.
China pumps $109 billion into economy as trade war against US bites on growthChina has cut deposit rates to enable banks to release 1.2 trillion-yuan cash for additional lending
China late in implementing rate cuts; 2 more cuts likely in 2016: CLSAThe PBoC explained during the press conference that the interest rate cut was primarily driven by a ‘change in price levels’.
- China cuts lending rates, small banks' reserves
China's central bank, acting against a background of extreme stress in global financial markets, cut benchmark lending rates by 0.27 percen...