[ad_1] SHANGHAI: China’s yuan was largely flat on Friday as regulators continued to support the currency amid expectations that policymakers will need to unveil more economic support measures soon. Data…
Tag: PBOC
Yuan hits one-month low
[ad_1] SHANGHAI: China’s yuan weakened to a one-month low against the dollar on Wednesday, weighed down by growing market expectations of further monetary easing in the world’s second largest economy.…
China’s finance ministry meets bankers on boosting Hong Kong’s hub role
[ad_1] “The meetings between Hong Kong and the leaders at the Ministry of Finance [on Wednesday] and the meeting with the PBOC governor last month reflect that the central government…
China’s yuan extends losses, weakening to over 7-month low
[ad_1] SHANGHAI, May 22 (Reuters) – China’s yuan extended losses against the dollar on Friday afternoon to the weakest level in more than seven months, pressured by Beijing’s move to…
PBOC governor says monetary stance to stay accommodative, inflation expected to pick up
[ad_1] HONG KONG :People’s Bank of China (PBOC) Governor Pan Gongsheng said monetary policy would be kept accommodative, though inflation was “bottoming out” and was likely to pick-up in coming…
China’s Economy to Meet 5% Growth Target, PBOC Says
[ad_1] Nov. 27, 2023 9:44 pm ET|WSJ Pro China’s central bank said the economy is expected to realize its 5% growth target this year while calling for an economic transformation…
Exclusive: JPMorgan looking to finance Italy’s Serie A for up to 1 billion euros
[ad_1] [1/2]Soccer Football – Serie A – U.S. Sassuolo v AC Milan – Mapei Stadium – Citta del Tricolore, Reggio Emilia, Italy – May 22, 2022 AC Milan’s Alessio Romagnoli…
Citi names Gutiérrez-Orrantia Europe banking and cluster head in restructure
[ad_1] [1/3]The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo…
Yuan hits one-week low as market eyes Biden-Xi summit, PBOC rate decision
[ad_1] SHANGHAI: China’s yuan eased to a more than one-week low against the dollar on Monday, as investors await a summit between the top leaders from the world’s two largest…