Tag: PBoC

PBOC said in a statement it would launch a 1.2 trillion yuan reverse repurchase operation on Monday to maintain "reasonable and abundant liquidity" in the banking system.

BEIJING: China does not recognize Bitcoin and other digital currencies as legitimate forms of payment, the central bank governor, Zhou Xiaochuan, said on Friday. “We...

BEIJING: China welcomed backing from International Monetary Fund (IMF) experts that the yuan should be included in its reserve currencies, saying the move would strengthen the world's financial system.

BEIJING:China's central bank governor and its market regulator have admitted that there were "bubbles" on the country's stock exchanges, after a spectacular rally was followed by a painful bust, but said the turbulence was coming to an end.