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Taiwan's forex reserves hit record high on central bank intervention
05 Jul 2025 08:51 GMT
… 5 (CNA) Taiwan's foreign exchange reserves surged to a record … .
According to data from Central Bank of the Republic of China (Taiwan), forex reserves rose by US … (蔡炯民), head of the Foreign Exchange Department, said the local forex market was relatively …
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China has increased its gold and foreign exchange reserves to $3.285 trillion
10 Jun 2025 02:22 GMT
… to diversify its gold and foreign exchange reserves, despite ongoing price fluctuations … ounces. Accordingly, China's foreign exchange reserves rose to $3.285 … Bank of China is the central bank of China, which includes 19 departments, including …
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China central bank urges state-owned businesses to prioritise yuan in overseas expansion
21 Apr 2025 10:11 GMT
SHANGHAI (Reuters) -China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and settlement in their overseas expansion, in what is seen as an official attempt to accelerate yuan …
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Taiwan forex policy aligned with U.S. Treasury guidance: Central bank
06 Jun 2025 11:17 GMT
… with Taiwan's foreign exchange policies, the Central Bank of the Republic of China (Taiwan) said Friday … forex risks.
In the report, the U.S. Treasury wrote: "Foreign exchange … were sending ripples though the forex market.
Though Taiwan was not …
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China central bank increases gold reserves to 2,285 tonnes by Jan 2025
21 Feb 2025 20:20 GMT
ECONOMYNEXT – Sri Lanka’s debt service in 2025 is estimated at 2,454 million dollars amade up of 1,369 million dollars in capital repayments and 1,085 million dollars in interest Deputy Minister of Economic Development Ani Jayantha has said.
In 2026, …
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China central bank announces measures to support Hong Kong int'l financial center development
13 Jan 2025 12:14 GMT
HONG KONG, Jan. 13 (Xinhua) -- The People's Bank of China (PBOC), China's central bank, on Monday announced a series of measures to reinforce Hong Kong's status as an international financial center.
The PBOC is working closely with other …
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China Central Bank ‘to Allow a Weaker Yuan’ as Trade Risk Rises
11 Dec 2024 12:01 GMT
China’s top financial policymakers have been debating allowing the yuan to weaken next year as they prepare for higher trade tariffs when Donald Trump takes over as US president next month.
Trump’s vow to impose bigger tariffs is a major concern for …
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China central bank rolls over maturing loans, injects cash
26 Aug 2024 04:51 GMT
SHANGHAI (Reuters) – China’s central bank rolled over maturing medium-term loans and injected cash through its liquidity instruments on Monday, underlining market expectations for further easing as the economy struggles to gain traction.
The People’s Bank …
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China central bank rolls over maturing medium-term loans, injects cash
26 Aug 2024 04:56 GMT
And it injected another 471 billion yuan through seven-day reverse repos while keeping borrowing costs unchanged at 1.70%. "Today's outcome adds to expectation for a near-term reserve requirement ratio (RRR) cut," said Frances Cheung, head of …
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Higher competitiveness offsets stronger Taiwan dollar's strength: Central bank
21 Jun 2025 10:17 GMT
… dollar, according to the Central Bank of the Republic of China (Taiwan).
In a report … expected to result in foreign exchange losses for exporters, but … after an offset of forex losses by forex gains.
Between 2015 … on how to reduce forex losses, the central bank …