The People’s Bank of China set the yuan’s reference exchange rate at 7.1889 per dollar Thursday, 735 pips stronger than the ...

The PBOC operates under a managed floating exchange rate system, which allows the yuan's value to fluctuate within a 2% band around a central reference rate, or midpoint. This method is designed to ...

Considering the current real estate market, changes in the external trade environment and overall price trends, Wang ...

The higher-than-expected tariff announcements - announced by Trump as part of a ...

On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1760 as compared ...

While the exchange rate is benefiting from regulatory commitments and various supportive factors, risks may persist depending ...

Deflation in China is persisting, raising growing concerns domestically and internationally. Beijing’s stimulus policies introduced in September last year have largely been short-lived in financial ...

The remarks, similar to PBOC Governor Pan Gongsheng's comments earlier this month, came after modest economic growth in the ...

China's central bank has shifted to use the seven-day reverse repo rate as its main policy rate, and gradually faded the significance of interest rates on other bond tools. A batch of 387 billion ...