Tag: PBOC
ForexLive Asia-Pacific FX news wrap: PBOC leaves rates unchanged
Major
FX rates traded in subdued ranges here in Asia today. The intense
focus on the Bank of Japan meeting yesterday gave way to an eye on
the holida [...]
Exclusive: China to name finance veteran Zhu as new forex chief, sources say
The building of State Administration of Foreign Exchange (SAFE) is pictured in Beijing, China, January 11, 2017. REUTERS/Jason Lee/File Photo Acquire [...]
ForexLive Asia-Pacific FX news wrap: PBOC steps up yuan intervention
The
People’s Bank of China is continuing to hold the CNY (and therefore
the CNH also) from falling in value further. The Bank set the USD/CNY
referen [...]
Shanghai Securities News says the PBOC has space to further cut the RRR this year
High risk warning:
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creat [...]
Shanghai Securities News says the PBOC has space to further cut the RRR this year
High risk warning:
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creat [...]
China central bank, FX regulator meet foreign firms in capital drive
The headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China, February 3, 2020. REUTERS/Jason Lee/File Photo Acqui [...]
PBOC increases offshore yuan bills issuance to stabilize currency By Investing.com
The People's Bank of China (PBOC) plans to issue a larger batch of offshore yuan bills in an effort to stabilize the weakening yuan, accordin [...]
ForexLive Asia-Pacific FX news wrap: PboC struggle to hold the line on yuan
The
People’s Bank of China once again set the USD/CNY reference rate
more than 1100 points lower than the modelled estimate. The
difference today was [...]
China to cut banks’ FX reserve ratio to rein in yuan weakness
The headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China, February 3, 2020. REUTERS/Jason Lee/File Photo Acqui [...]
China to cut banks’ FX reserve ratio to rein in yuan weakness
SHANGHAI/SINGAPORE: China's central bank said on Friday it will cut [...]
Remaining Short on Commodity Dollars As PBOC Intervention Disappoints Markets
Commodity dollars have been suffering from softer risk sentiment in financial markets and AUD/USD has been bearish for more than a month now since it [...]
Stock Indices Steady as PBOC Reduces its 1-Year Loan Prime Rate to a Record Low
Article by IG Senior Market Analyst Axel RudolphFTSE 100, CAC 40, Nasdaq 100 Charts and AnalysisFTSE 100 stabilises at supportFollowing six conse [...]
New Zealand Dollar Reverses Gains After PBOC Move; NZD/USD, AUD/NZD, GBP/NZD Setups
NZD/USD, AUD/NZD, GBP/NZD - Outlook:China cut its 1-year benchmark lending rate but left is 5-year rate unchanged.NZD gave up early gains, with NZD/US [...]
ForexLive Asia-Pacific FX news wrap: The PBOC cut rates by much less than expected
Chinese property firm Country Garden set to be removed from Hong Kong’s Hang Seng IndexAUD/USD at risk of dropping under 0.60 (unless China stimulates [...]
Australian Dollar Defies Gravity with Action Out of China, the PBOC and Japan
Australian Dollar, AUD/USD, US Dollar, China, PBOC, Japan, Commodities - Talking PointsThe Australian Dollar bounced despite data that would normally [...]