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China Central Bank Sharpens Focus on Economy’s Short-Term Woes
03 Apr 2024 13:06 GMT
(Bloomberg) -- China’s central bank vowed to get more out of its existing pro-growth policies, acknowledging that the economy is suffering from subdued demand and downbeat sentiment despite some signs of improvement this year.
The Chinese economy “is still …
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World’s FX Traders Are as Much at Mercy of Yuan as the Dollar
11 Apr 2024 01:32 GMT
… ball for developing nations’ foreign-exchange markets.
China’s managed … Charu Chanana, head of foreign-exchange strategy at Saxo Markets in … the grip of the central bank of China whether they continue to … Mackel, global head of FX research at HSBC Holdings …
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China central bank leaves key policy rate unchanged under shadow of Federal Reserve
18 Feb 2024 02:38 GMT
STORY CONTINUES BELOW THESE SALTWIRE VIDEOS
SHANGHAI/SINGAPORE (Reuters) - China's central bank left a key policy rate unchanged as expected on Sunday when rolling over maturing medium-term loans, with uncertainties around the timing of an easing …
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China central bank acts to support markets, economy
24 Jan 2024 09:13 GMT
:China's central bank will cut the amount of cash that banks must hold as reserves from Feb. 5, governor Pan Gongsheng said on Wednesday, the first such cut for the year as policymakers extend efforts to shore up a fragile economic recovery.
The People …
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China central bank probes 'abnormal' trades during Oct. 31 liquidity stress
03 Nov 2023 12:46 GMT
BEIJING, Nov 3 (Reuters) - China's central bank said on Friday that the country's interbank market operator was probing "abnormal" trades on Oct. 31, when overnight borrowing costs surged to as high as 50%.
Chinese regulators were …
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Taiwan's forex reserves end 2-month rising streak on market intervention
06 Feb 2024 10:00 GMT
… dollar, according to the Central Bank of the Republic of China (Taiwan).
Data compiled … to maintain an orderly foreign exchange market."
Speaking with … Despite the fall in forex reserves in January, Taiwan … it will maintain ample forex reserves to ensure …
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What’s the positive correlation between prices of gold and the U.S. dollar?
19 Apr 2024 02:42 GMT
… virtual balance. Metaphor for the forex market.
Global price of gold … , central banks worldwide, especially the Central Bank of China, are stocking up on gold …
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China central bank, FX regulator meet foreign firms in capital drive
18 Sep 2023 12:56 GMT
The headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China, February 3, 2020. REUTERS/Jason Lee/File Photo Acquire Licensing Rights
BEIJING, Sept 18 (Reuters) - China's central bank and forex regulator …
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China Central Bank Seen Boosting Liquidity, Keeping Rates Steady
14 Sep 2023 09:22 GMT
With a string of data showing China’s economy may be stabilizing, a survey of market watchers has forecast that the People’s Bank of China will boost liquidity this week, but keep medium-term loan rates steady.
China’s central bank is seen keeping …
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China central bank to cut reserve ratio for foreign exchange deposits
01 Sep 2023 07:55 GMT
Description
China’s central bank plans to reduce the mandatory foreign currency reserves held by financial institutions, which reflects their commitment to bolster the weakening renminbi. The currency has declined by over 5% against the US dollar this year …