China's central bank injects cash via new outright reverse repos in ...
5 days ago · China's central bank has injected 500 billion yuan ($70.24 billion) into its banking system during October through a new reverse repurchase tool announced earlier this week, the bank said on Thursday.
China launches new lending tool before year-end loan expiry
Oct 28, 2024 · Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee//File Photo Purchase Licensing Rights, opens new tab
China's central bank unveils most aggressive stimulus since …
BEIJING, Sept 24 (Reuters) - China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the...
China cuts rates, rolls out other moves to help the slowing economy
Sep 24, 2024 · People’s Bank of China Gov. Pan Gongsheng told reporters in Beijing that the reserve requirement for banks would be cut by 0.5 percentage points “in the near term,” and that the central bank would follow up with further cuts. That would free up more money for lending.
Xi’s Mystery PBOC Plans Surface With Biggest Shift in Years
Jun 20, 2024 · Pan Gongsheng, governor of the People’s Bank of China, on Wednesday gave the clearest acknowledgment that the monetary authority is looking into trading government bonds in the secondary...
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...
China Cuts Interest Rates and Mortgage Down Payments
Sep 24, 2024 · The central bank, the People’s Bank of China, cut short-term interest rates and rates on existing mortgages, reduced minimum down payments for housing purchases, and freed the country’s...
China Surprises With Interest Rate Cut After Xi’s Big Meeting ...
Jul 22, 2024 · The People’s Bank of China on Monday cut the seven-day reverse repo rate, a key short-term policy rate, in the first reduction in almost a year. Chinese banks followed the move about an hour...
China Central Bank Adds $70 Billion With New Liquidity Tool
5 days ago · The People’s Bank of China conducted 500 billion yuan of “outright reverse repurchase agreements” in October in order to safeguard reasonably amble liquidity in the banking system, it said ...
People's Bank of China - The New York Times
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