Pboc

China cuts banks' reserve ratio for first time in 2023 to support recovery

PBOC said it would cut the reserve requirement ratio (RRR) for all banks, except those that have implemented a 5% reserve ratio, by 25 basis points (bps), effective March 27

China halting cash drainage for Party Congress; may boost market sentiment

The cash cushion could boost market sentiment dented by Beijing's adherence to its Covid Zero policy and the crippling slump in the housing market

As yuan nears lowest level in 14 yrs, traders brace for more PBOC pushback

The People's Bank of China has already stepped up its currency defense, but it did little to stop the depreciation.

Understanding the e-yuan initiative

There is merit in carefully examining the recent developments in China's sovereign digital currency space and participating in it if India's interests are served

China seen rolling over medium-term loans, rate change not expectedin

The PBOC said on Friday it would keep liquidity reasonably ample and step up financing support for key sectors and weak links of the economy, but not resort to 'flood-like' stimulus

China's yuan firms despite worries over first Omicron cases in some cities

In the spot market, the onshore yuan opened at 6.3740 per dollar and was changing hands at 6.3737 at midday, 33 pips firmer than the previous late session close

PBOC ups stake in HDFC. How to trade HDFC twins at the bourses today?

Shares of Housing Development Finance Corporation (HDFC) tumbled nearly 3 per cent to Rs 1,655 levels on the BSE on Monday morning before recovering some of the lost ground

China's central bank says it's close to releasing its own digital currency

FB's push to create cryptocurrency Libra has caused concerns among global central banks, including the PBOC, which said the digital asset must be put under central bank oversight to prevent potential

China to pursue prudent monetary policy to check debt risk, asset bubble

PBOC withdrew money through open market operations for the second day to check rising debt risks

Curbs on capital outflow unlikely: PBOC advisor

Policy makers' intensified efforts to stem capital outflows have been effective

Chinese central bank pumps 25 bn yuan into market

The reverse repos were priced to yield 2.25%, unchanged from Tuesday's injection of 55 billion yuan, according to a PBOC statement