PBOC Reiterates China Rates, Reserve Ratio to Be Cut ‘At …
4 days ago · (Bloomberg) -- China’s central bank reiterated its pledge to lower interest rates and the reserve requirement ratio for banks “at an appropriate time” to promote growth, with the economy ...
PBOC’s Peng: Will help banks in increasing loans for trade
10 hours ago · Peng Lifeng, an official at the People’s Bank of China (PBOC), said in a statement on Wednesday that the central bank “will help banks in increasing loans for trade-in initiative.” Will step ...
PBOC Seen Delaying Reserve Ratio Cut After $233 Billion Cash …
6 days ago · To ensure the market has enough liquidity, the PBOC instead last month injected 1.7 trillion yuan ($233 billion) of cash to banks via the outright reverse repo and government bond purchases.
PBOC Steps Up Liquidity Injection With New Tools At Year-End
Dec 31, 2024 · China’s central bank injected 1.7 trillion yuan ($233 billion) of cash in December, dialing up liquidity support for the economy and financial markets at year-end.
China's central bank unveils most aggressive stimulus since …
Sep 24, 2024 · PBOC to cut rates, RRR and provide more property market support; China facing deflationary pressures, growth target at risk; Analysts say more fiscal stimulus needed to restore confidence
China central bank releases slate of support measures amid a …
Sep 24, 2024 · BEIJING — China will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio or RRR, by 50 basis points, People's Bank of China Gov. Pan Gongsheng said during a...
People’s Bank of China (PBoC) - Central Banking
Nov 5, 2024 · Latest People’s Bank of China (PBoC) articles on Central Banks Policy, Regulation, Markets & Institutions.
China's PBOC announces RRR cut as it seeks to boost growth
Jan 24, 2024 · Pan Gongsheng was named party secretary of the People's Bank of China on July 1, 2023. BEIJING — China pledged to reduce the amount of liquidity that its banks are required to hold as...
China’s new central bank governor faces daunting tasks
Jul 26, 2023 · Pan Gongsheng, who has managed the world’s largest foreign exchange reserves for seven years and was credited with arresting a slide in the value of the yuan currency in 2016, was appointed the...
Press Releases - People's Bank of China
2024-08-13 The PBOC Increases the Quota of Central Bank Lending to Support Rural Development and MSBs; 2023-06-30 PBOC Increases Central Bank Lending and Discount Quotas for Rural Sector and MSBs by RMB200 Billion