3 years ago By Victor — USD/CNH struggles for clear direction near four-month low, fades bounce off multi-day bottom of late. PBOC kept five-year and one-year rates unchanged as w

3 years ago By Ryan — People's Bank of China (PBOC) Deputy Governor Pan Gongsheng said on Thursday, the two-way fluctuation of the yuan will become a new normal. more to co

3 years ago By Amod — Price trends are generally under control. Will stick with implementing normal monetary policy. Will deepen interest rate market reforms. Improve marke

3 years ago By Kenan — The People Bank of China’s (PBOC) Governor Yi Gang said on Thursday that he expects China's 2021 consumer inflation below 2%. Additional comments Pote

3 years ago By Syahrudin — Economist at UOB Group Ho Woei Chen, CFA, and Senior FX Strategist Peter Chia, assess the latest announcement from the PBoC. Key Quotes “The People’s

3 years ago By Solikhin — Beijing reported that the Manufacturing PMI came out at 51 points in May, marginally below estimates. While today's data may have little impact on the

3 years ago By Alvarez — “Will maintain the exchange rate of the yuan at ‘basically stable’ levels,” said People’s Bank of China (PBOC) Vice Governor Liu Guoqiang during the w

3 years ago By AdamHarper — The PBOC is likely to maintain the loan prime rate (LPR) at its current level all through this year after leaving it unchanged yesterday for the 12th

3 years ago By BISHOP — AUD/USD stays well bid near 0.7780, up 0.25% intraday, during early Tuesday. While mild risk-on mood favored the quote initially in Asia, minutes of t

3 years ago By Hernandez — The People’s Bank of China (PBOC) is out with the latest statement, announcing that it has maintained the one-year loan prime rate (LPR) at 3.85% for