PBOC to issue 60b yuan central bank bills in Hong Kong
The People's Bank of China will issue central bank bills worth 60 billion yuan ($8.18 billion) in Hong Kong on Jan 15, which experts said sends a policy signal of strengthening offshore renminbi liquidity management and stabilizing the yuan exchange rate.
Yuan funding costs in Hong Kong surged to levels unseen in years, signaling concern that Beijing’s efforts to stabilize the ...
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DESPITE external headwinds, the Chinese yuan is expected to maintain its resiliency and rebound later this year, thanks to ...
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CHINA reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session.
The PBOC’s daily yuan fixing influences global FX markets, impacts trade balances, and shapes currency trends across Asia and ...
European shares held steady on Tuesday after inflation data matched expectations, while Asian shares rose as some investors ...
Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The ...
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