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Posts Tagged: 'pboc'

11Mar
 
Chinas national bank Friday guided the yuan higher against the dollar by the quickest pace this year, abandoning a few investigators confounded by the extent of the move. The Peoples Bank of China (PBOC) set the mid-point of the dollar-yuan trading band at 6.4905, its strongest level so far this year....
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01Feb
 
Chinese central bank weakens its currency: The negative interest rate by Japan on Friday has made the Chinese financial institution to weaken the renminbi. Every morning the Peoples Bank of China sets the for the currency the daily midpoint reference rate around which its 2 per cent trading band against...
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