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👤Lisa Harris
🕔August 25, 2016
- PBOC moves to pacify short-term lending
- PBOC injects funds through reverse repos
The Chinese central bank has urged banks to spread out the tenors of their loans, citing its anger towards the very recent trend of banks concentration on overnight lending.…
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👤Nurudeen Amedu
🕔August 16, 2016
- PBOC release strengthens theory of capital outflows
The Chinese yuan fell sharply on Monday, as the central bank reported surprisingly large foreign exchange sales in July, the concerns generated by this report was further intensified by an already apparent fear that the Chinese economy is experiencing significant spates of capital outflows.…
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👤Nurudeen Amedu
🕔August 8, 2016
The Chinese yuan today weakened offshore in the wake of the People’s Bank of China’s decision to lower the currency rate’s daily reference, the yen also strengthened onshore against the US dollar today, as the morning trading hours were surrounded by choppy trades.…
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