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Yuan falls on strong demand for dollar
THE yuan hit the lower end of its trading limit on strong demand for the US dollar yesterday despite the Chinese central bank setting the central parity rate at its…
PBOC poised to fine-tune policy
The People’s Bank of China (PBOC), the country’s central bank, stopped draining liquidity from banks through its open market operations this week, moving one step closer to easing its monetary…
Yuan advances before meeting of G20 leaders
China’s yuan on Thursday advanced the most in a week before the G20 summit. The reference rate strengthened 0.16 percent to 6.3198 a dollar, the highest level since July 2005.…
PBOC poised to fine-tune policy with liquidity injection via open market
The People’s Bank of China (PBOC), the country’s central bank, stopped draining liquidity from banks through its open market operations this week, moving one step closer to easing its monetary…
China Everbright Bank revives HK listing plan
China Everbright Bank Co Ltd has revived its Hong Kong listing plan in a bid to meet capital requirements from changes in Chinese mainland monetary policy, the South China Morning…
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