People's Bank of China keeps one and five-year loan prime rates unchanged in Jan, as expected
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 keeps benchmark lending rates unchanged for 3rd straight month
China left key lending rates unchanged on Monday for the third straight month as the country seeks to maintain currency stability.
China Keeps Loan Prime Rates Unchanged
China’s commercial lenders held benchmark lending rates unchanged for the third consecutive month after Beijing eased monetary policy in October to boost slowing domestic demand.
China Retains Loan Prime Rates As Expected
The People's Bank of China maintained its interest rates for the third straight session on Monday as policymakers await the stance of
China leaves benchmark lending rates unchanged
China left benchmark lending rates unchanged for a third consecutive month, as expected, as a weakening yuan has limited Beijing's monetary policy easing efforts.
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump's administration.
China: China's central bank keeps benchmark interest rate at 3.1%
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 Ramps Up Support for Its Stock Markets
State-owned insurers and mutual funds are expected to play a pivotal role in the process of stabilizing the stock market.
Hong Kong’s bitcoin ETFs could open to Greater Bay Area investors under new measures
New rules further opening up China’s financial markets could give some mainlanders access to cryptocurrency investment ...
Hang Seng Index and Nikkei Climb While ASX 200 Slumps on Tariff Woes
PBoC’s policy easing spurs Chinese equity gains, lifting the Shanghai Composite and CSI 300. Buyback loans aim to counter US ...
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PBOC says it will temporarily halt buying of government bonds
Bond investors have never been so pessimistic about the world’s second-largest economy, with some now piling into bets on ...
Exclusive: China to cut pay by half for staff at top financial regulators, sources say
China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part ...
Business Times13d
PBOC halts bond buying to defend yuan as economic gloom worsens
CHINA’S central bank said it will suspend buying government bonds, its latest attempt to temper investor bets on weak ...
Why China's central bank has stopped bond purchases
The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward ...
China to name Zou Lan as central bank deputy governor, sources say
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of ...
FXStreet3d
PBOC sets USD/CNY reference rate at 7.1886 vs. 7.1889 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1886 as compared to Friday's fix of 7.1889 and 7.3353 Reuters estimates. The primary ...
Room for PBOC to cut LPR in the coming months: Allianz Global Investors
Christian Tuntono, Asia Pacific Senior Economist from Allianz Global Investors, reacts to the PBOC's latest interest rate ...