The People's Bank of China (PBOC) cut the seven-day repo rate to 1.5% from 1.7% on Friday. Additionally, the Chinese central ...
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China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...
A rate cut, a RRR cut, and further property market measures will support efforts to reach this year’s growth target.
PBOC’s decision to lower RRR is equivalent to provide long-term low-cost funds for banks. Medium-term lending facility and ...
Cryptopolitan on MSN3d
PBOC stimulus sparks gains across Asian stocks and European futuresChina’s central bank, the PBOC, has announced a series of stimulus measures that have sent Asian stocks skyrocketing and are ...
Alibaba is well-positioned to benefit from PBOC's recent monetary measures due to its strong share buyback program and ...
Asian equities were largely higher as Japan closed for the Autumn Equinox.
Hong Kong's benchmark Hang Seng index rose 13% this week — the best weekly gain since 1998 in a US$440 bn. bull run fueled by ...
PBOC sets USD/ CNY reference rate for today at 7.0101 (vs. estimate at 7.0093) Earlier: PBOC cuts 7 day reverse repo rate to ...
The People's Bank of China (PBOC) conducted a 14-day reverse repurchase operation of RMB278 billion today (27th), with the ...
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in ...
CoinDesk on MSN18h
Bitcoin Prices Show Positive 30-Day Correlation With China's Central Bank Balance SheetThe new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst ...
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