China’s Central Bank, Forex Regulators Pledge to Stabilize Yuan
Chinese regulators reiterated a pledge to defend the yuan as the currency comes under renewed pressure amid the prospects of U.S. trade tariffs.
China's central bank halts bond buying as yuan struggles
China's central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring speculation that the move was aimed at defending a falling currency.
Why China's central bank has stopped bond purchases
The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward pressure on the yuan, analysts say.
China's Central Bank Halts Bond Purchases to Support Yuan
On Friday, China's central bank took steps to support the yuan, which has been losing ground, with its depreciation being viewed as a potential tailwind for bitcoin (BTC). The People's Bank of China announced that it will stop purchasing government bonds this month as their demand now overshadows the supply.
China's Central Bank Pauses Bond Purchases
China’s central bank has hit pause on government-bond purchases, citing excess demand. The People's Bank of China has already moved to support the country's flagging currency, through sett
China's central bank chief vows to supply ample liquidity
China's central bank chief said on Monday the government will support moderately loose monetary policy to maintain ample liquidity as it tries to stimulate the economy and soften the impact of geopolitical uncertainties.
China Faces Harsh Dilemma as Yuan Comes Under Pressure
The economy suggests a weaker yuan. But the prospect of capital flight makes Beijing wary of allowing any sudden depreciation ...
Chinese Overnight Rate Spikes to 16% as Cash Tightens Ahead of Holiday
SHANGHAI (Reuters) - Overnight borrowing costs for some Chinese financial institutions jumped as high as 16% on Wednesday, ...