PBOC sets USD/CNY reference rate at 7.1728 vs. 7.1696 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1728 as ...
PBOC: Will cut interest rates and RRR at a proper time
The People's Bank of China (PBOC) said on Thursday that they “will cut interest rates and Reserve Requirement Ratio (RRR) at a proper time.” Will strenghthen expectation guidance, maintain yuan ...
CNBC Africa21d
China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steady
The LPRs — normally charged to banks’ best clients — are calculated monthly based on designated commercial banks’ proposed rates submitted to the PBOC. The one-year LPR influences ...
ING Think1d
Asia week ahead: Rate decisions in Japan, China and Taiwan take centre stage
The Bank of Japan is expected to leave rates unchanged next week. Markets also will focus on the Shunto wage negotiation results, which may impact the timing of the BoJ's next move. On Thursday, ...
NBC New York24d
China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steady
China could cut its main policy rate as soon as next month following the country's annual parliamentary meeting, economists told CNBC, after the country's central bank kept the loan prime rates ...