Pboc in a sentence

The People's Bank of China (PBoC) is trying to support Yuan, but PBoC might turn out to be unable to stop Yuan from falling further.

According to Di Gang, deputy director-general of the Digital Currency Institute of the PBOC, this would help companies avoid the difficulties of using a single high-cost, cross-border payment channel.

Another huge discrepancy between the modelled expectation and the PBOC decision.

Bankman-Fried allegedly paid the first bribe just two months after two top Chinese regulators, including the People’s Bank of China (PBOC), took harsh measures to end cryptocurrency mining and trading in September 2021.

China unlock, PBOC’s gold stocking underpins XAU/USD run-up.

Daily midpoint setting: Each morning, the PBOC sets a midpoint for the yuan against a basket of currencies, primarily the US dollar.

Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China, Sep 30, 2022.

PBoC: Overseas investors hold 3.19 trln yuan China bonds end-Mayfinancialjuice.

PBoC’s current stance in promoting growth is following the script of a targeted approach rather than an all-out quantitative easing style to prevent unproductive resources to be deployed into speculative activities.

The PBOC did not respond to a Reuters fax seeking comment.

The United States has repeatedly referred to a senior Chinese central banker as the head or acting head of the People's Bank of China (PBOC) in recent days, appearing to confirm his expected elevation to the top post.

To kick off the week, the PBOC is expected to cut its one-year MLF rate by 10 basis points to 2.65%.

Until we see stimulus from the PBOC, Brent crude might trade between $72 and $82.

US Treasury Secretary Yellen: We have worked very constructively with representatives from China's PBoC, we are optimistic about continuing that workfinancialjuice.

But that has ratcheted up pressure on the PBoC as it tries to raise yields to prevent a bubble from emerging.

Copper rallied last Friday following the announcement of new easing measures by the PBoC.

Expectations are leaning towards the PBOC keeping the medium-term interest rate unchanged at 2.5% at tomorrow’s meeting — the rate has been unchanged since August 2023, when 15 basis points cut it.

Instead of the MLF, the PBoC injected CNY 577.7bln via 7-day reverse repos, while it added that the reverse repo operation that day was meant to counteract maturing MLF loans, tax payments and government bond issuances.

On Tuesday, the PBoC unveiled a policy interest rate cut of 0.2 percentage points, combined with a lowering of banks’ reserve requirements and the cutting of existing mortgage interest rates, both by 0.5 percentage points.

On Wednesday, the People’s Bank of China (PBOC) cut the reserve requirement ratio for banks by 50 bps to 10.00%, which will boost liquidity and help revive the Chinese economy, which is favorable for global growth prospects.