The eadquarters of the People's Bank of China, the Chinese central bank, in Beijing. Photo: Reuters

China raises money market rates to stabilise yuan and outflow, after Fed’s move

PBOC lifts reverse repo rate by 10 basis points, injects fresh funds of 303 billion yuan through medium-term lending facility

Topic |   People’s Bank of China

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The eadquarters of the People's Bank of China, the Chinese central bank, in Beijing. Photo: Reuters
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Xie Yu

Xie Yu

Xie Yu joined the Post in 2015. She is the chief China finance reporter, covering the economy and development of financial markets.

Wendy Wu

Wendy Wu

Wendy Wu is a Beijing-based reporter focusing on international finance and diplomacy. Her journalism career spans a decade and she has been reporting for the Post since 2015. Wendy has a master's degree in finance from Germany's University of Freiburg.