PBOC governor Yi Gang comments via Xinhua News Agency Will improve monetary policy transmission mechanism To step up support of the real economy Will provide long-term capital to smaller firms… Read more »
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 »