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.
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: 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,
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 ...
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 ...
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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 ...
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PBOC leaves Loan Prime Rates unchanged in January
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday. The one-year and five-year LPRs were at 3.10% and 3.60%, respectively.
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 ...
China to allow foreign investors to take onshore bonds offshore via repos and derivatives
China plans to give global investors holding the country's onshore bonds more options in terms of fundraising, in a so-called "last-mile" reform that further opens the nation's financial markets and ...
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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 ...
China Ramps Up Yuan Support With Record Hong Kong Bill Issuance
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to ...
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Shanghai sees record high in cross-border RMB settlement
Cross-border renminbi settlement realized in Shanghai hit a record high of 29.8 trillion yuan ($4.1 trillion) in 2024, People ...