China fixes Yuan at 6-year low against US dollar
China`s central bank set the yuan`s central parity rate weaker than 6.7 to the dollar for the first time in six years Monday, the first day of trading after it joined the IMF`s "special drawing rights" reserve currency basket.
Oct 10, 2016, 11:00 AM IST
China central bank injects $41 billion via mid-term lending facility in September
China`s central bank lent 275 billion yuan ($41.24 billion) via its medium-term lending facility (MLF) to financial institutions in September, it said in an online statement on Saturday.
Oct 08, 2016, 15:01 PM IST
China's central bank pumps money into market
China`s central bank on Monday pumped more money into the market to provide liquidity.
Jun 20, 2016, 16:42 PM IST
A plea for help: How China asked the Fed for its stock crash play book
The Chinese market crash triggered steep declines across global financial markets and within a few hours the Fed sent China`s central bank a trove of publicly-available documents detailing the US central bank`s actions in 1987.
Mar 21, 2016, 15:40 PM IST
Asian stocks firm after China stimulus, euro hit by Greek anxiety
Asian stocks were firm on Tuesday after China`s latest step to prop up its faltering economy lifted global equities, while the euro was pressured on growing worries a cash-strapped Greece may default on its debt.
Apr 21, 2015, 11:39 AM IST
Hong Kong shares up 1.50% by lunch
Hong Kong stocks ended the morning session 1.50 percent higher Monday, with investors piling into the market after the head of China`s central bank hinted at further easing measures to boost the economy.
Mar 30, 2015, 09:51 AM IST
China's manufacturing growth at eight-month low in November
China`s manufacturing growth skidded to an eight-month low in November, an official survey showed Monday, signalling further downward pressure on the world`s second-largest economy.
Dec 01, 2014, 07:53 AM IST
China to inject $33 billion of 3-month loans into banks: Sources
The injection follows signs that Chinese investors are beginning to bet that the PBOC is going to reduce the official deposit rate, now fixed at 3 percent.
Oct 17, 2014, 23:42 PM IST
China central bank injects $81 billion into major banks
China`s central bank is injecting a combined 500 billion yuan (USD 81.35 billion) of liquidity into the country`s top banks, according to media reports, a sign that authorities are stepping up efforts to shore up a faltering economy.
Sep 17, 2014, 11:33 AM IST
