Latest News on Pboc
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Pboc - Total results - 7
Jan 04, 2018
China's central bank wants to regulate power usage of bitcoin miners for reducing the scale of their productionChina had ordered all initial coin offerings to cease and all cryptocurrency trading exchanges to be shuttered with the aim of containing financial risks.
Nov 22, 2017
China clamps down on lightly regulated online micro-lending market; shares of US-listed firms slipOn Tuesday, shares of China Commercial Credit Inc ended down 8.8 percent and PPDAI Group slumped 14 percent.
Jun 27, 2016
After Brexit, China devalues yuan by almost 1% today amid dollar surgeThe People’s Bank of China (PBoC) set the value of the yuan — also known as the renminbi — at 6.6375 to the greenback, down 0.91 percent from Friday’s fixing
Feb 08, 2016
China FX reserves fall almost $100 bln to lowest since May 2012Array
Aug 27, 2015
China may halt Yuan weakening drive to curb capital outflows, calm global nervousnessGovernment economists and policy advisers say the People's Bank of China will now try to stop the yuan weakening much past 6.5 per dollar
Feb 10, 2015
Deflation fears: China's Jan inflation comes in at 0.8%, hits 5-year lowChina's inflation plunged to a more than five-year low of 0.8 percent in January, official data showed today, fuelling fears the world's second-largest economy is on the brink of a deflationary spiral.
Feb 05, 2015
Chinese stocks shoot up over 2% after PBOC's surprise stimulus moveChinese stocks shot up more than 2 percent on Thursday after PBOC's cut banks' reserve requirement ratios by 50 basis points, a widely expected stimulus move that has helped fuel a stock market rally of nearly 40 percent in the last few months.