People's Bank of China keeps one and five-year loan prime rates unchanged in Jan, as expected
The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year LPR at 3.6% for mortgages. Both rates are at record lows following rate reductions last year in October and July.
China cenbank conducts medium-term loan operation, rate unchanged
China's central bank conducted a medium-term loan operation on Friday and left the interest rate unchanged. The People's Bank of China (PBOC) lent 200 billion yuan ($27.46 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions at 2.
China Central Bank Keeps Key Policy Rate Steady
China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.
Analysis-China central bank is moving faster towards its policy limits
China's central bank is expected to deploy its most aggressive monetary tactics in a decade this year as it tries to stimulate the economy and soften the blow of impending U.S. tariff hikes, but in doing so it risks quickly exhausting its firepower.
China Central Bank Keeps One-Year Medium-Term Lending Facility Rate Steady at 2.00%
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China's Central Bank Keeps MLF Loan Rate Steady at 2.00%
Chinas central bank, the Peoples Bank of China (PBOC), conducted a medium-term lending facility (MLF) operation on Friday, offering 200 billion yuan ($27.46 billion) in one-year loans to financial institutions.
China to name Zou Lan as central bank deputy governor, sources say
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of ...
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China unveils measures to support equity market
China introduces measures to boost its equity markets by encouraging share buybacks, higher dividends, wealth management, ...
China's Gold Market Update: Seasonal Strength In December
The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a ...
China central bank governor Pan meets BOE's Bailey in Beijing
People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and ...
China’s central bank, securities regulator, pledge further support for stock buyback and repurchase program
China's central bank and top securities regulator have vowed to ramp up supportive policy tools to shore up the country's ...
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People’s Bank of China signals interest rate reduction this year amid policy shift
The People’s Bank of China announced that it would likely reduce interest rates from the current 1.5% "at an appropriate time" this year, marking a significant shift in its monetary policy ...
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Gold production in China rises by 0.56% in 2024
BEIJING, 24th January, 2025 (WAM) -- China’s gold production rose by 0.56% to 377.24 tonnes in 2024, while the People’s Bank of China increased its gold reserves by 44.17 tonnes to reach 2,279.57 ...
China’s Loan Market Stirs at End of First Down Year Since 2011
An outpouring of Chinese government bond issuance and early signs of improvement in the housing market helped stir up ...