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The People's Bank of China held the 1-year loan prime rate at 3.0% and 5-year LPR at 3.5%, according to a statement Friday.
The head of China's central bank pledged to expand the international use of the digital yuan and called for the development ...
BEIJING, Dec 13 (Reuters) - China will firmly prevent overshooting risks of the yuan exchange rate and keep the rate basically stable, its central bank said on Friday, state media reported.
global chief economist at BOC International under the Bank of China, told the Global Times. When observing the yuan exchange rate, the key factors to consider are domestic conditions, he said.
The People's Bank of China held the 1-year LPR at 3.1% ... "Pressure on the banks' net interest margins and exchange rate amid slower pace of the Federal Reserve's rate cuts all lead to a ...
The higher exchange rates have been observed at both large ... Kirill Kudryavtsev/AFP via Getty Images The state-owned Bank of China has ramped its up to 13.09 rubles per yuan from 12.3 at the ...
The People's Bank of China is "trying to cool down the market ... putting pressure on the yuan exchange rate. Compared with the U.S. Treasury 10-year bond yield of 4.68%, the yield on the Chinese ...
Minutes before cutting its 14-day repurchase rate to 1.85%, it was announced that People's Bank of China governor Pan Gongsheng will give a surprise press conference on Tuesday.Deflation, high ...
The People’s Bank of China kept the interest rate on the medium-term lending facility steady at 2% while draining a net 89 billion yuan ($12.5 billion) for October, according to a statement Friday.
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