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China to Issue Central Bank Bills in Hong Kong
China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.
China Ramps Up Yuan Support With Record Hong Kong Bill Issuance
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity.
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.
China’s central bank rhetoric on yuan stability takes aim at depreciation risks
An exchange rate of 7.6 to the US dollar by the end of 2025 could be on the cards, analysts say, as Donald Trump’s impending policies may further weaken the battered yuan.
2d
China’s central bank overhaul
Justin Trudeau is resigning as Canadian Prime Minister, and Germany’s solar power industry is in trouble. US bankruptcy ...
21h
China Market Update: NDRC Holds Press Conference On Trade-In Subsidies, Mainland Investors Buy
Asian equities were mixed but mostly lower overnight as Singapore and Korea outperformed and Pakistan and Hong Kong ...
2d
China’s Central Bank Buys More Gold as Prices Trade Near Record
China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after temporarily ...
2d
Gold Rises as China Central Bank Buys More Bullion
Gold futures were rising after China boosted its gold reserves for the second consecutive month. Futures were up 0.45% at ...
中国日报网
7h
China to increase finance support for green, low-carbon development: central bank official
BEIJING -- China's financial sector will promote the steady growth of green finance in support of green and low-carbon ...
6d
on MSN
People’s Bank of China signals interest rate reduction this year amid policy shift
The People’s Bank of China announced on Friday that it would likely reduce interest rates from the current 1.5% "at an ...
6d
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit ...
6d
on MSN
China's central bank might cut interest rates from current level of 1.5% in 2025, FT reports
China's central bank said it was likely it would cut interest rates from the current level of 1.5% “at an appropriate time” ...
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