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Pan Gongsheng, governor of the People’s Bank of China, called for an international monetary system in which “sovereign ...
The head of China's central bank pledged to expand the international use of the digital yuan and called for the development ...
China’s central bank chief has called for a shift from dollar dominance toward a multi-currency system led in part by the ...
SHANGHAI, May 30 (Reuters) - China's central bank has injected 700 billion yuan ($97 billion) into its banking system during May through an outright reverse repurchase tool, the bank said on Friday.
At a finance forum in Shanghai, the head of China's central bank, Pan Gongsheng, pledged to expand the reach of the digital ...
China’s central bank asked its major lenders to raise the share of yuan when facilitating cross-border trade, in its latest push for the use of the currency as the world grapples with the ...
The head of China’s central bank has sworn to expand the international use of the digital yuan. He also called for the ...
The People's Bank of China, the Central Bank of the country, has reportedly demanded that major domestic banks increase the proportion of transactions using the yuan in international trade.
[SHANGHAI] China’s central bank has injected 700 billion yuan (S$125.5 billion) into its banking system during May through an outright reverse repurchase tool, the bank said on Friday (May 30). The ...
The People’s Bank of China fixed the yuan’s daily reference rate at a slightly weaker level than market forecasts on Monday and Tuesday, after setting it stronger for most of the past six ...
The dollar’s extended slide has prompted China’s central bank to change tack in managing its currency, as it pivots from supporting the yuan to guarding against the risk of a rapid appreciation.
the move resulted in a net liquidity injection of 247 billion yuan, according to a China Fund News report. A reverse repo is a process in which the central bank purchases securities from ...