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China's central bank to conduct 600-billion-yuan outright reverse repo operation
12 Sep 2025 14:03 GMT
BEIJING, Sept. 12 (Xinhua) -- The People's Bank of China (PBOC), the country's central bank, on Friday said that it will conduct a 600-billion-yuan (about 84.48 billion U.S. dollars) outright reverse repo operation on Sept. 15, with the aim of …
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China's central bank renews currency swap deals with European counterparts
09 Sep 2025 04:17 GMT
BEIJING, Sept. 9 (Xinhua) -- The People's Bank of China (PBOC), China's central bank, has renewed bilateral currency swap agreements with the European Central Bank (ECB), the Swiss National Bank (SNB), and the National Bank of Hungary (MNB), …
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Markets eye Fed rate cut as gold stays near all-time high
13 Sep 2025 00:54 GMT
Silver prices at a 14-year high
Bullion hit a record high of $3,673.95 on Tuesday
All precious metals headed for weekly gains
(Updates prices for US market close)
By Sherin Elizabeth Varghese and Sarah Qureshi
Sept 12 (Reuters) - Gold prices rose on Friday …
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Budapest conference marks 10 years of monetary cooperation with China
12 Sep 2025 14:58 GMT
BUDAPEST, Sept. 12 (Xinhua) -- The ninth Budapest Renminbi Initiative Conference was held on Friday at the headquarters of the National Bank of Hungary (MNB), marking the 10th anniversary of Hungary's central bank renminbi (RMB) program and the …
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China central bank to better regulate cross-border yuan financing between banks
12 Sep 2025 10:17 GMT
China's central bank said on Friday it plans to better regulate cross-border yuan financing between banks, and promote offshore use of the Chinese currency.
China is ramping up the pace of yuan globalisation as Beijing seeks to reduce its reliance on …
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Growth engine fires up
12 Sep 2025 03:01 GMT
WANG XIAOYING / CHINA DAILY
The lack of effective demand calls for the implementation of expansionary fiscal and monetary policy to stimulate the Chinese economy
Editor's note: The world has undergone many changes and shocks in recent years. …
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China’s yuan eases from 10-month high, awaits Fed signals for dollar direction
12 Sep 2025 05:39 GMT
… day.
MayBank analysts believe the Chinese central bank continues to slow the pace …
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China, Indonesia launch new local currency settlement framework
11 Sep 2025 21:55 GMT
BEIJING, Sept. 11 (Xinhua) -- The central banks of China and Indonesia on Thursday officially launched a local currency settlement framework for bilateral transactions, aiming to facilitate the further use of local currencies in bilateral trade and …
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Record prices cool gold demand in key hubs, China discounts hit over 9-month high
12 Sep 2025 05:24 GMT
Physical gold demand across major Asian markets was muted this week as record-high prices deterred retail purchases, with discounts in China reaching more than nine-month highs.
Spot gold prices touched a record high of $3,673.95 per ounce on Tuesday.
In …
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China caught in policy dilemma as Fed rate cut looms
12 Sep 2025 04:49 GMT
By Kevin Yao BEIJING (Reuters) -As the U.S. Federal Reserve gears up for an expected rate cut next week, China's central bank is likely to resist a near-term easing in policy as it grapples with a dilemma: how to shore up a weak economy without further …