Central Banks Tap Most Yuan Swap Lines With PBOC in Two Years
Global central banks’ use of the People’s Bank of China’s swap lines reached a two‑year high in the first quarter,…
Tag: PBOC
Goldman, Nomura Cave on PBOC Stimulus After Politburo Restraint
Economists at Goldman Sachs Group Inc. and Nomura Holdings Inc. joined peers at other major global banks in abandoning calls…
PBOC Warns of Finance ‘Involution,’ Reaffirms Risk Control Focus
China’s central bank and foreign‑exchange regulator reiterated the need to curb excessive — or “involution‑style” — competition within the country’s…
China’s PBOC keeps 1-year and 5-year benchmark lending rates unchanged
BEIJING, CHINA – DECEMBER 22: A woman walks by the headquarters of the People’s Bank of China (PBOC) on December…
China’s PBOC Keeps Up Gold-Buying Spree as Iran War Dents Prices
China’s central bank scooped up more gold for its reserves in March, demonstrating that a key pillar of support for…
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…
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…