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PBOC
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How Does the PBOC Manage the Money Supply?
Managing the money supply is a critical function of any central bank, and the People's Bank of China (PBOC) plays...
Read moreWhat is PBOC Credit?
In the realm of global finance, understanding the policies and instruments employed by major central banks is crucial. One such...
Read moreWho Owns the PBOC?
The People’s Bank of China (PBOC) is one of the most influential financial institutions in the world, playing a pivotal...
Read moreWhat is PBOC Interest Rate?
The People’s Bank of China (PBOC) plays a pivotal role in shaping the economic landscape of China through its monetary...
Read moreWhat Does the PBOC Stand For?
The People's Bank of China (PBOC) is the central bank of the People's Republic of China and plays a pivotal...
Read moreIs PBOC the Central Bank of China?
The People’s Bank of China (PBOC) stands as the central monetary authority of the People’s Republic of China, a pivotal...
Read morePBOC Deputy Governor Outlines Priorities for Economic Coordination
In a recent statement, the Deputy Governor of the People's Bank of China articulated the central bank's commitment to balancing...
Read morePeople’s Bank of China Maintains Loan Prime Rate Amidst Steady Economic Climate
The People's Bank of China (PBoC) announced on Wednesday its decision to maintain the Loan Prime Rate (LPR) across the...
Read morePBOC Maintains MLF Rate and Boosts Liquidity, Sets Lower USD/CNY Central Rate
In a move to stabilize financial conditions, the People's Bank of China (PBOC) decided to keep the one-year Medium-term Lending...
Read moreGlobal Markets Recap:Chinese Stimulus Measures, and Oil Prices Slide
U.S. equities mirrored gains in the European stock market on Monday, with technology stocks playing a pivotal role in propelling...
Read moreMixed Sentiments Prevail in Asian Markets
In today's Asian market update, a mixed sentiment prevails as equities react to various global events, with a focus on...
Read moreRisk sentiment remains buoyed by rate cut optimism
Fed Speak: Federal Reserve (Fed) officials Goolsbee and Bostic maintained their stance against the notion of imminent rate cuts, emphasizing...
Read moreNew benchmark for onshore yuan set by People’s Bank of China
Today's trading session was highlighted by a major policy move from the People's Bank of China (PBOC), as it set...
Read moreAsia Open: Set for a quiet week, but watch out for a hectic Friday
Asia-Pacific benchmarks started the week well as investors caught a case of new-found Federal Reserve rate cut fever and positioned...
Read morePBOC plans yuan internationalization and financial liberalization
The People's Bank of China (PBOC) has reaffirmed its commitment to prudently internationalize the yuan and liberalize the financial market,...
Read moreChinese Yuan Stabilizes with Ongoing PBOC Backing
The Chinese yuan exhibited a minor increase on Thursday, finding support from yet another notably robust daily midpoint fixing initiated...
Read morePBOC Announces Slight Reduction in One-Year Loan Rate
The People's Bank of China (PBOC) unveiled a modest reduction in its one-year loan prime rate, trimming it by 10...
Read morePeople’s Bank of China: Time Needed for Consumer Recovery, Increasing Pressure on Local Fiscal Balance
The People's Bank of China has highlighted that the recovery of resident consumption will require additional time, and there is...
Read moreChina state banks seen selling US dollars to prop up yuan – sources
China's major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in...
Read morePBOC and the Foreign Exchange Bureau Take Action, and the Exchange Rate of RMB against the US dollar Rose Sharply
On today (July 20) morning, the People's Bank of China issued an official message stating that in order to further...
Read moreRecent Posts
Current USD Exchange Rate: $110 USD in Australian Dollars
Foreign exchange (Forex) trading plays a critical role in the global financial market, impacting international trade, investment, and even tourism....
Current NZD Exchange Rate: $100 NZD in Australian Dollars
The foreign exchange (forex) market is one of the most dynamic and liquid financial markets in the world, with trillions...
Current USD Exchange Rate: $15 USD in AUD
Foreign exchange (forex) trading is an essential part of the global financial system, facilitating the conversion of currencies for international...
Current USD Exchange Rate: $22 USD in AUD
Foreign exchange (forex) trading is an essential part of the global financial system, influencing everything from international trade to travel...
Can the Indian Rupee Be Used in Sri Lanka?
The Indian Rupee (INR) has long been a significant currency in South Asia due to India’s economic influence in the...
Can the Indian Rupee Be Used in Nepal?
The economic and financial relationship between India and Nepal is unique, shaped by historical, cultural, and geopolitical factors. Given Nepal’s...
Can Indian Rupee Be Used in Dubai?
The Indian Rupee (INR) and the United Arab Emirates Dirham (AED) are two significant currencies in international trade and foreign...
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