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China’s central bank asked its major lenders to raise the share of yuan when facilitating cross-border trade, in its latest ...
China told its biggest banks to increase the use of the yuan in trade with foreign partners, raising the required ratio to 40 ...
The dollar’s extended slide has prompted China’s central bank to change tack in managing its currency, as it pivots from ...
SHANGHAI: China’s yuan slipped against the dollar on Tuesday, as the central bank set a slightly weaker-than-expected ...
VCG. The Chinese yuan has continued to strengthen against the US dollar, with the exchange rate of both the onshore and ...
Chinese banks extended 5.13 trillion yuan ($706.40 billion) in new yuan loans in January, more than quadrupling the December figure, data from the People's Bank of China showed on Friday ...
The move breaks with five months of buying ... reasons for the depreciation of the yuan is the widened yield gap between China and the U.S., so the central bank is sending a signal to the market ...
The People’s Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the 5-year LPR to 3.5% from 3.6%.
China Jan new loans 5.13 trln yuan vs f'cast 4.50 trln yuan But year-on-year lending growth hits record low Jan M2 money supply +7.0% y/y, vs f'cast of +7.2% Central bank pledges to adjust policy ...