China's central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January. The People's Bank of China (PBOC) said the repo operations aimed to "keep banking system liquidity reasonably ample".
The People’s Bank of China’s decision to halt bond buying is exacerbating the rise in short-end rates and flattening the yield curve, spurring bets the central bank may resume government debt purchases.
The People's Bank of China (PBOC) announced Monday that it will keep its benchmark interest rate at 3.1% for the fourth consecutive month, in line with analysts' expectations of no change. The one-year prime lending rate (LPR) will remain at this level for at least another month,
China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of the central bank, two sources with knowledge of the matter said.
The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year LPR at 3.6% for mortgages. Both rates are at record lows followi
China left key lending rates unchanged on Monday for the third straight month as the country seeks to maintain currency stability.
China on Wednesday revealed a guideline, outlining 20 measures to expand financial opening up in the country's pilot free trade zones and a free trade port.
China's central bank and top securities regulator have vowed to ramp up supportive policy tools to shore up the country's capital market. The remarks were made at a recent seminar on stock buyback and repurchase loaning program,
China's central bank said on Friday it is confident it can keep the yuan exchange rate "basically stable" at a "reasonable and balanced" level.
Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries.
China's central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January.