Tag: China's central bank
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China Bank To Maintain Prudent Monetary Policy With Flexibility
The policy will be kept "neither too tight nor too loose," and China will use multiple policy tools to maintain liquidity in the market...
Chinese Yuan unlikely to suffer any depreciation
The Chinese currency Renminbi, or the yuan, is expected to keep stable with the support of the Chinese economy and intervention of China's central...
China Takes Steps To Prevent Pre-holiday Liquidity Squeeze
The People's Bank of China (PBOC) on Friday offered 100 billion yuan (15.3 billion U.S. dollars) of funds to the market, using reverse repurchase...
Central bank of China slashes RRR by 1 percent point
China will lower the reserve requirement ratio (RRR) for all financial institutions by one percentage point starting Monday, the People's Bank of China announced...
