The People’s Bank of China set the strongest reference rate for the currency in almost three years.

China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...

The People’s Bank of China kept the one-year and five-year loan prime rates at 3.0% and 3.5%, respectively, in line with ...

The People's Bank of China held its 1-year and 5-year loan prime rates at 3% and 3.5%, respectively, keeping them unchanged ...

China’s central bank set the yuan fixing rate at under 7 per US dollar for the first time since mid-2023 as concerns over dollar assets mount.

An official from the People’s Bank of China’s (PBOC) Shenzhen branch revealed the figures at a press conference Friday, ...

BEIJING - The People's Bank of China (PBOC) will continue to implement a moderately loose monetary policy in 2026, and will utilize tools such as reserve requirement ratio (RRR) cuts and interest rate ...

China’s central bank extended its gold-buying streak to 14 months, underscoring sustained official demand for bullion as prices surge to record.

The People’s Bank of China (PBOC) has been seeking to reassure markets after previous reduction in policy rates fell short of economist expectations.

BEIJING - The People's Bank of China (PBOC), the country's central bank, announced Wednesday that it will conduct a ...

China set its daily reference rate for the yuan weaker than 7 per dollar in a sign the central bank is keen to slow the ...