Wednesday, Sep 28, 2022

China's central bank


Bitcoin recoups some losses in Asia after plunging on Chinese crackdown

June 22, 2021 11:11 am

The world's largest crypto currency was last up 4.58% at $33,000, having dropped more than 10% on Monday. Ether, the second-biggest crypto currency, was up 5.05% at $1,983 after hitting a five-week low the day before.

Bitcoin tumbles 10% in wake of deepening China crackdown

June 21, 2021 6:09 pm

China's central bank said on Monday it had summoned some banks and payment institutions recently, urging them to crack down harder on cryptocurrency trading.

China doubles yuan trading band, seen as sign of confidence

March 17, 2014 3:19 am

The change is effective from Monday.

China opens new front in war as yuan speculation distorts export data

May 09, 2013 2:33 am

The move came as April exports blew past expectations,which appeared on the surface to indicate that both China’s economy and global demand were on the mend

Yuan at record high on weak dollar after S&P downgrade

August 08, 2011 6:19 pm

US Spot yuan hit record and intraday high of 6.4250 per dollar on Monday and ended at 6.4360.

China raises bank reserve requirements,more expected

May 13, 2011 12:44 am

The increase,the eighth since October,will raise the reserve requirement ratio to a record 21 percent for China’s biggest banks

China to gear up against inflation

December 25, 2010 12:32 am

China’s central bank kept up its rhetoric against inflation and excess liquidity.

China raises banks’ reserve ratio again

December 11, 2010 2:47 am

China’s central bank increased the amount of money that lenders must keep on reserve for the third time.