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  • October 21, 2014
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Results 1 - 10 of 21 for pboc

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  1. PBOC behind decline in yuan, say analysts

    Posted Dec 02nd 2008, 12:00am by Staff Reporter

    ... into the mainland over the past several years is fleeing, deepening the slowdown,' he said. Mr Lin said the PBOC hoped to lower the yuan's value to boost exports, which had been hampered by the global financial crisis, to help drive economic growth. To fuel growth, the PBOC also slashed interest rates by 108 basis points last Thursday, the biggest in about a decade. President Hu Jintao ...

    http://www.scmp.com/article/662275/pboc-behind-decline-yuan-say-analysts
  2. US won't sway yuan policy, says PBOC

    Posted Dec 12th 2006, 12:00am by Jamil Anderlini

    ... Jamil Anderlini in Beijing China will greet this week's visit by a high-powered United States economic delegation very positively but the country will not allow its currency policy to be influenced by external pressure, the People's Bank of China (PBOC) said yesterday. 'We are preparing to respond very positively,' the central bank's governor, Zhou Xiaochuan, said ...

    http://www.scmp.com/article/575148/us-wont-sway-yuan-policy-says-pboc
  3. Business - Money - FOREIGN EXCHANGE

    Net money inflow takes heat off China's central bank

    Posted Oct 24th 2012, 12:00am by JANE CAI

    ... Jane Cai in Beijing xuejun.cai@scmp.com The extra liquidity means the PBOC need not lower the reserve ratio for mainland lenders Net money inflow takes heat off central bank The surge ... of last month, data released by the People's Bank of China (PBOC) on Friday showed. The jump of 130.7 billion yuan compares with decreases of 17.4 billion yuan in August and 3.82 billion yuan ...

    http://www.scmp.com/business/money/article/1068214/net-money-inflow-takes-heat-chinas-central-bank
  4. Business - Money - CURRENCIES

    Yuan's sharp drop puts investors on alert for reversal of rising trend

    Posted Feb 25th 2014, 09:55am by Jeanny Yu

    ... to the NPC. We also expect the PBOC to widen the band- and maybe this bout of weakness is part of the preparation for that," Standard Chartered economist Stephen Green said. Although this round ...

    http://www.scmp.com/business/money/markets-investing/article/1434699/yuans-sharp-drop-puts-investors-alert-reversal
  5. Yuan going down the Singapore road

    Posted May 16th 2008, 12:00am by Tom Holland

    ... Singapore too. In 1999 the People's Bank of China (PBOC) dispatched officials to visit the Monetary Authority of Singapore to find out whether its tightly-managed exchange rate regime would ... be implementing just such a regime. In its first-quarter monetary policy report released on Wednesday, the PBOC referred for the first time to the yuan's nominal effective exchange rate against ...

    http://www.scmp.com/article/637806/yuan-going-down-singapore-road
  6. Traders short on proper yuan hedge

    Posted Feb 20th 2006, 12:00am by Staff Reporter

    ... while financial derivatives remained under-utilised though increasingly resorted to, the People's Bank of China (PBOC) noted. In July last year, Beijing allowed the yuan to appreciate ... derivatives [to hedge currency risks] rose by one percentage point year on year,' the PBOC report said, without specifying what portion of the respondents turned to such instruments. However, ...

    http://www.scmp.com/article/537169/traders-short-proper-yuan-hedge
  7. Foreign exchange reserves cannot be viewed as wealth

    Posted Aug 23rd 2008, 12:00am by Michael Pettis

    ... the seller and whatever the reason. After giving US$1,000 to the government agency responsible for paying the Gansu nurses, the PBOC must buy the dollars back so that the agency can pay the nurses in yuan, and to pay for the purchase of those dollars which it had previously granted, it must borrow yuan in the local markets. The net result, of course, is that the PBOC has just as many dollars ...

    http://www.scmp.com/article/650044/foreign-exchange-reserves-cannot-be-viewed-wealth
  8. Exchange-rate policy unit points to further yuan flexibility

    Posted Aug 15th 2008, 12:00am by Staff Reporter

    ... market and international capital flows as well as submit policy proposals to other government agencies, PBOC said. 'It shows that China will further increase the flexibility of the exchange ... on the exchange-rate division under the PBOC's monetary policy department. A few units of the State Administration of Foreign Exchange were also merged into it. The central bank did not reveal who would ...

    http://www.scmp.com/article/649151/exchange-rate-policy-unit-points-further-yuan-flexibility
  9. Offshore yuan under pressure

    Posted Jun 10th 2011, 12:00am

    ... excluding Japan, at French investment bank Credit Agricole. Analysts and traders said they expected the People's Bank of China (PBOC) to widen the daily US dollar-yuan trading band- a formal ... regulatory risks in trading in the yuan spot and forward markets, if PBOC did not move to liberalise. ...

    http://www.scmp.com/article/970224/offshore-yuan-under-pressure
  10. Mainland opens door to money brokers

    Posted Jul 12th 2006, 12:00am by Jamil Anderlini

    ... Jamil Anderlini in Beijing Move boosts PBOC grip on rates and helps ease dealmaking The People's Bank of China says it will allow money brokers into the mainland interbank market, ... at publicly quoted prices. 'This is part of the efforts the PBOC has been making to improve the interest rate transmission mechanism so in the future it will be easier for them to just adjust ...

    http://www.scmp.com/article/556264/mainland-opens-door-money-brokers

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