Central Bank

Yuan Rises Following Inclusion in German Central Bank’s Forex Reserve

Yuan Rises Following Inclusion in German Central Bank’s Forex Reserve

The Chinese yuan rose today following reports that Deutsche Bundesbank, Germany’s central bank, will start to include it in its…

Jan 15, 2018
Xu Wei
China’s November Money Supply, New Loans Rise Despite Measures to Prevent Financial Risks

China’s November Money Supply, New Loans Rise Despite Measures to Prevent Financial Risks

China’s broad money supply (M2), newly-extended loans and the increment of aggregated social financing all beat economists’ expectations in November,…

Dec 12, 2017
Xu Wei
Credit Available to Chinese Bank Card Users Rose Last Quarter, PBOC Report Says

Credit Available to Chinese Bank Card Users Rose Last Quarter, PBOC Report Says

Chinese banks have upped the amount they make available to credit cards users, a report released by China’s central bank shows.

Dec 6, 2017
Xu Wei
PBOC Issues the Schedule for Investigations Into Unlicensed Payment Businesses

PBOC Issues the Schedule for Investigations Into Unlicensed Payment Businesses

China’s central bank, the People’s Bank of China (PBOC), has issued a timescale for the regulation of unlicensed payment businesses,…

Nov 23, 2017
Dou Shicong
Yuan Is World’s Sixth Largest Payment Currency With 1.68% Market Share, PBOC Says

Yuan Is World’s Sixth Largest Payment Currency With 1.68% Market Share, PBOC Says

The yuan has been the world's sixth-largest payment currency since the end of last year, holding a market share of…

Oct 19, 2017
Dou Shicong
PBOC Caps Maturity Period of Interbank Negotiable Certificates of Deposit at One Year

PBOC Caps Maturity Period of Interbank Negotiable Certificates of Deposit at One Year

To guide the standardized and orderly development of the interbank deposit market, the People’s Bank of China decided that financial…

Sep 1, 2017
Xu Wei
PBOC Withdraws USD6 Billion From Market Via Maturing Reverse Repos

PBOC Withdraws USD6 Billion From Market Via Maturing Reverse Repos

China's central bank, the People’s Bank of China (PBOC), has withdrawn CNY40 billion (USD6 billion) from the financial system via open market operations on Thursday.

Aug 31, 2017
Liao Shumin
China to Process All Online Payments via Centralized Clearing Platform From June 2018

China to Process All Online Payments via Centralized Clearing Platform From June 2018

All online payment transactions in China involving bank accounts will be processed through a centralized online payment clearing platform starting…

Aug 7, 2017
Xu Yanyan
Slowdown in M2 Growth Is Positive, Yet Challenging, Says Senior PBOC Monetary Policy Manager

Slowdown in M2 Growth Is Positive, Yet Challenging, Says Senior PBOC Monetary Policy Manager

M2 (broad money), a measure of money supply used by central banks, grew at single-digit rates for two consecutive months…

Jul 27, 2017
Song Yikang
PBOC Liquidity Injections See Highest Investment Week Since Chinese New Year

PBOC Liquidity Injections See Highest Investment Week Since Chinese New Year

The People’s Bank of China has injected liquidity after corporate tax payments and other factors caused a sudden sharp tightening…

Jul 26, 2017
Xu Yanyan
China’s Central Bank Will Enhance Financial Risk Contingency Mechanisms

China’s Central Bank Will Enhance Financial Risk Contingency Mechanisms

China’s central bank, the People’s Bank of China (PBOC), will ratchet up risk monitoring efforts focusing on risks in key…

Jul 26, 2017
Xu Wei

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