Numbers suggest Beijing is struggling to control capital outflows as a U.S. rate increase looms China’s foreign-exchange hoard fell in November to its lowest level in more than two ... Read More
China’s central bank on Thursday said it would cut interest rates for a monetary instrument called the Standing Lending Facility, or SLF, in an effort to guide market rates. ... Read More
China raised the central parity rate of the yuan by 341 basis points to 6.3154 against the US dollar on Monday (2 November), the largest amount by far on ... Read More
PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had ... Read More
Stockpile shrinks $180 billion as PBOC props up currency Decline in September less than expected, boosting yuan China’s foreign-exchange reserves fell by a record in the third quarter as ... Read More
The People’s Bank of China has ordered banks to closely scrutinize clients’ foreign exchange transactions to prevent illicit cross-border currency arbitrage, sources with the direct knowledge of the matter ... Read More
The People’s Bank of China said Monday it would allow foreign central banks to trade in the country’s foreign-exchange market, echoing a promise made by Chinese Premier Li Keqiang ... Read More
China has announced tougher rules on trading stock index futures and foreign exchange derivatives as it seeks to steady jittery markets whose weakness has raised concern over the health ... Read More
China’s central bank will require reserves to be set aside for purchases of all currency derivatives from October, according to a document seen by Reuters, as Beijing moves to ... Read More
China cut interest rates for the fifth time since November and lowered the amount of cash banks must set aside, falling back on its major levers to stem the ... Read More
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