China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize ...
中国日报网1d
Stability of RMB exchange rate guaranteed despite depreciation
Therefore, the recent decline in the RMB exchange rate is a result of global currencies coming under pressure from the dollar ...
Beijing likely to fiercely defend yuan exchange rate in 2025, as lessons from 2015 have been learned
The economic and political costs of a weakened yuan far outweigh the possible benefits China could gain from boosting exports ...
China steps up defence of renminbi against Wall Street bets
The renminbi has weakened despite the PBoC keeping its currency fix — an official daily exchange rate around which renminbi ...
China’s central bank says it will cut banks reserves, rates at proper time
China's central bank said it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, ...
People’s Bank of China signals interest rate reduction this year amid policy shift
The People’s Bank of China announced on Friday that it would likely reduce interest rates from the current 1.5% "at an ...
Growing gold reserves highlight China’s resilience against external risks
In the face of increasing uncertainty in the global economic and financial landscape, China's foreign exchange and gold ...
Global Times4d
China’s central bank vows to use multiple monetary policy tools, cut RRR, interest rates at appropriate time
China's central bank, the People's Bank of China (PBC ... and commitment to mitigating risks associated with excessive exchange rate fluctuations. The meeting proposed bolstering the resilience ...