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Top News In People 039s Bank Of China Today - Breaking & Trending Today

Offshore yuan weakens to late 2020 lows as lockdowns weigh

HONG KONG: China's offshore yuan dropped to its weakest in 17 months on Tuesday, and neared the symbolic level of 6.7 to the dollar, as foreign investors remained bearish towards Beijing with COVID-19 lockdowns weighing on the outlook for economic growth. ....

Ken Cheung , Communist Party , People 039s Bank Of China ,

China cuts interest rates for first time in 20 months | Money

BEIJING, Dec 20 China's central bank cut a benchmark interest rate on Monday for the first time in nearly two years in a bid to kickstart growth in the world's number two economy as it creaks under the impact of a real estate crisis and coronavirus flare-ups. The People's Bank of China said in. ....

Mark Williams , People Bank , People 039s Bank Of China , China Interest Rate Cut ,

China central bank partially rolls over medium-term loans to boost liquidity

SHANGHAI: China's central bank partially rolled over maturing medium-term loans on Wednesday as it sought to boost liquidity, while market participants expected the central bank to implement more easing measures to help arrest the economic slowdown. ....

Marco Sun , Xing Zhaopeng , People Bank , Goldman Sachs , Loan Prime Rate , People 039s Bank Of China ,