PBOC to skip open market operations for the 11th straight session
China`s central bank said it would skip open market operations on Monday, citing "relatively high" liquidity level in the banking system despite some impact from local government bond issuance.
Apr 10, 2017, 10:31 AM IST
China's forex reserves fall $16 billion in August
China's foreign exchange reserves fell by some $16 billion dollars in August, officials said Wednesday, as the country`s central bank sold dollars to defend its currency against capital outflows.
Sep 07, 2016, 17:33 PM IST
China lowers yuan rate by most in three months
China's central bank cut its currency exchange rate against the dollar by the largest amount in three months Thursday as the greenback strengthened on improved Chinese trade data.
Apr 14, 2016, 17:06 PM IST
Chinese central bank injects $15.4 billion into market
The Chinese central bank on Thursday injected liquidity of $15.4 billion into its financial system to boost lending.
Mar 31, 2016, 13:39 PM IST
China pours $67 bn into financial system before holiday
China`s central bank said Tuesday it was injecting 440 billion yuan ($67 billion) into the money market, seeking to ease tight liquidity ahead of the Lunar New Year holiday when demand for funds surges.
Jan 26, 2016, 19:08 PM IST
China new home prices fall in April: survey
The average price in China`s top 10 cities was at 18,961 yuan per square metre, down 3.46 percent from a year ago, it said, accelerating from a decline of 3.19 percent in March.
May 01, 2015, 11:47 AM IST
China cuts bank reserve ratio requirement as growth slows
China`s central bank announced Sunday it would cut the level of funds that commercial banks must hold in reserve by one percentage point, the second such move this year to boost lending.
Apr 19, 2015, 18:14 PM IST
China's consumer inflation stays at 1.4% in March
China`s consumer inflation stayed flat at 1.4 percent in March, while producer prices fell slightly less than projected, official data showed on Friday, keeping pressure on profit margins at Chinese companies as Beijing struggles to stimulate growth.
Apr 10, 2015, 10:55 AM IST
China's economy to decelerate next year: Central Bank
China's GDP growth will decelerate to 7.1 percent next year, the central bank Monday said confirming the slowdown in the world's second-largest economy amid speculation that it would miss this year's official target of 7.4 percent.
Dec 15, 2014, 20:45 PM IST
China to inject $33 billion of 3-month loans into banks: Sources
The injection follows signs that Chinese investors are beginning to bet that the PBOC is going to reduce the official deposit rate, now fixed at 3 percent.
Oct 17, 2014, 23:42 PM IST
China central bank injects $81 billion into major banks
China`s central bank is injecting a combined 500 billion yuan (USD 81.35 billion) of liquidity into the country`s top banks, according to media reports, a sign that authorities are stepping up efforts to shore up a faltering economy.
Sep 17, 2014, 11:33 AM IST
China to reduce rural banks' reserve requirements
China's central bank today announced details of a plan that reduces the amount of money rural banks must keep in reserve, a move aimed at stimulating the economy amid slowing growth.
Jun 10, 2014, 00:21 AM IST
