People's Bank of China

China’s PBOC adds gold for 14th month as prices hit record

Bullion held by the People’s Bank of China rose by 30,000 troy ounces last month

China's central bank’s comment echoed a pledge made by top leaders at a key meeting in December.

China’s central bank pledges to cut RRR, interest rate in 2026

The central bank will make flexible and efficient use of multiple monetary policy

The PBOC added liquidity on a net basis on most days over the past year, and resumed its purchases of government bonds in October to boost cash supply.

PBOC’s leanest year for easing since 2021 defies Wall Street

During a year defined by trade chaos unleashed by Trump, it lowers policy rate only once, by 10 bps

The PBOC appears to be accelerating work on the digital currency in recent months.

China to pay interest on digital yuan in bid to boost adoption

Whether the new interest-bearing arrangements will promote significantly wider adoption of the E-CNY remains unclear

Prior to market open on Dec 23, the People’s Bank of China set its yuan midpoint rate at 7.0523 per US dollar, the strongest since Sep 30, 2024.

China’s renminbi climbs to 15-month high, overcoming weak PBOC fixing

On Dec 23, onshore yuan ends at 7.0287 per US dollar, while its offshore counterpart fetches 7.0181 at 4.30pm SGT

The announcement follows data showing new bank lending fell short of expectations in November, weighed down by shrinking household loans, and as economic momentum weakened

China to scrub small overdue debts from credit records to help spur lending

[BEIJING] China’s central bank on Monday unveiled a one-off credit repair scheme to allow overdue personal debts of up to 10,000 yuan (S$1,835) incurred since 2020 to be removed from credit records on...

China kept its one-year loan prime rate (LPR) at 3.00 per cent and its five-year LPR at 3.50 per cent.

China leaves benchmark lending rates unchanged for seventh month in a row in December

[SHANGHAI] China left benchmark lending rates unchanged for the seventh consecutive month in December on Monday, matching market expectations.

China’s 10-year bond futures have been largely unchanged in November despite a 2% drop in the Shanghai Composite Index this month, further backing this trend.

Chinese bonds see no haven demand from stock losses on PBOC bets

The central bank’s reluctance to ease its policy further remains the core issue weighing on the debt market

The one-year loan prime rate (LPR) was kept at 3.0 per cent, while the five-year LPR was unchanged at 3.5 per cent.

China leaves benchmark lending rates unchanged for the sixth straight month

October economic data, including a contraction in exports and a further slowdown in retail sales, point to a tougher fourth quarter, analysts say