China’s central bank injected a near record-high amount of liquidity into the banking system to help meet demand for cash even as it looks to support the yuan. The People’sBankof China on ...
The People’sBankof China emphasized its goal to keep the yuan stable, as the currency hovers near a record low in offshore trading amid headwinds from a slowing economy. The central bank has ...
Global investors have largely brushed off the warnings from the PBoC and continued to hold Chinese government bonds as an investment, believing that their prices will rise more, sending yields further ...
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