Pboc
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After Brexit, China devalues yuan by almost 1% today amid dollar surge
Fp Staff •The 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
China FX reserves fall almost $100 bln to lowest since May 2012
Fp Archives •China may halt Yuan weakening drive to curb capital outflows, calm global nervousness
Fp Archives •Government 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
Deflation fears: China's Jan inflation comes in at 0.8%, hits 5-year low
Fp Archives •China'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.
Chinese stocks shoot up over 2% after PBOC's surprise stimulus move
Fp Archives •Chinese 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.