Comments by PBOC governor, Yi Gang Overcapacity has significantly eased Downward pressure on the economy is increasing ForexLive Nothing more from Yi so far. But this has been the common… Read more »
YUAN CONSOLIDATES ON PBOC- TALKING POINTS: PBOC’s Vice Governor warned against Yuan shorts on Friday. He said that China will not engage in competitive devaluation. The Yuan may continue to… Read more »
PBOC slashes reserve ratio requirement for some banks On Sunday the PBOC announced via its website that it was reducing some banks’ reserve ratio requirement by 100bps effective October 15,… Read more »
FUNDAMENTAL FORECAST FOR CNH: Neutral Chinese Yuan Talking Points: PBOC launched central bank bills in Hong Kong, which is able to support the offshore Yuan (CNH). China vowed not to… Read more »
Comments by PBOC governor Yi Gang ForexLive Will keep liquidity reasonably ample Will guide financial institutions to offer financing support for private firms that have temporary liquidity problems Financial institutions… Read more »
People’s Bank of China, along with several large banks and car maker BYD, is working on a blockchain-based trade finance platform in the Great Bay Area. China’s central bank, People’s… Read more »
FUNDAMENTAL FORECAST FOR CNH: Neutral PBOC told that it may resume the counter-cyclical factor to support the Yuan. Retail Sales and Industrial Production reads could reveal the trade war damage…. Read more »
FUNDAMENTAL FORECAST FOR CNH: Neutral PBOC stepped in to support the Yuan; it may continue to calm the currency next week. A dilemma restricts PBOC’s monetary policy; new officials could… Read more »
© Reuters. Chinese yuan dropped on Tuesday Investing.com – The Chinese yuan dropped on Tuesday despite the PBOC’s injection of $74 billion into the country’s banking system the day before… Read more »