Yuan Extends Advance After PBOC Sets Another Stronger Fixing
The offshore yuan reached its strongest level in nearly three years versus the dollar after China signaled tolerance for a…
Tag: PBOC
PBOC Cuts Structural Interest Rates to Boost Targeted Lending
China’s central bank will lower interest rates on its structural monetary policy tools by 0.25 percentage points, stepping up targeted…
China’s PBOC Adds Gold for 14th Month As Prices Hit Record
China’s central bank extended its gold-buying streak to 14 months, underscoring sustained official demand for bullion as prices surge to…
China’s Yuan Climbs Past 7 Per Dollar as PBOC Caves in to Bulls
China’s yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets…
China’s PBOC Extends Gold-Buying Streak as Metal’s Rally Cools
China’s central bank added to its gold reserves for a 13th straight month, according to data released on Sunday. www.bloomberg.com…
PBOC Changes Minds on Policy as Goldman Sees Longer Easing Pause
Global lenders like Goldman Sachs Group Inc. retracted calls for further monetary stimulus in China this year after the central…
PBOC Governor Warns on Stablecoin Risks as Global Anxiety Builds
People’s Bank of China Governor Pan Gongsheng stiffened warnings on the risks around stablecoins, as the digital tokens usually pegged…
PBOC Adviser Says China Has to Do ‘Something Major’ for Economy
China needs a bolder spending package to mend the finances of households and companies, according to a central bank adviser,…
PBOC Adviser Huang Yiping on China's Economic Outlook
Huang Yiping, a People’s Bank of China adviser and Dean of Peking University’s National School of Development, spoke to Bloomberg…
Former PBOC Chief Warns Stablecoins May Threaten Financial Stability in China
A former governor of the People’s Bank of China warned against calls for the Chinese government to allow yuan‑based stablecoins,…