Last Updated: Saturday, March 15, 2014, 18:52
China has decided to double the yuan's daily trading band to 2 percent from March 17, the country's central bank has said on Saturday.
Last Updated: Friday, March 14, 2014, 15:40
China's central bank has suspended the use of online credit cards and payments through code scanning due to security concerns.
Last Updated: Wednesday, March 12, 2014, 09:04
Asian stock markets swung lower on Wednesday as economic uncertainty in China and the United States combined with political tensions in Ukraine to keep investors cautious and commodities under a dark cloud.
Last Updated: Tuesday, January 21, 2014, 10:05
China`s money market rates fell sharply on Tuesday after the central bank dumped more than 255 billion yuan into the financial system, easing concerns another credit crunch was underway less than a month after a late December squeeze.
Last Updated: Friday, August 09, 2013, 09:58
China's inflation rose 2.7 percent year on year in July, signalling that the world's second largest economy could be stabilising as consumer prices held steady last month.
Last Updated: Tuesday, July 30, 2013, 09:20
Short-term money rates in China have been rising steadily in recent weeks as the end of July approached and Chinese companies and banks stocked up on cash to make dividend payments and get books in order.
Last Updated: Tuesday, June 25, 2013, 19:18
For more than two weeks, funds have been in short supply on China's interbank market and the interest rates banks charge to lend to each other have surged to record highs.
Last Updated: Thursday, May 09, 2013, 15:13
China's consumer price index (CPI), a main gauge of inflation, grew 2.4 percent year on year in April, up from 2.1 percent in March, the National Bureau of Statistics (NBS) said Thursday.
Last Updated: Wednesday, March 13, 2013, 15:08
China's central bank governor Zhou Xiaochuan said Wednesday that China should remain on high alert for inflation and the bank will take measures, including monetary policy adjustments, to stabilize prices.
Last Updated: Friday, December 21, 2012, 13:58
China's foreign exchange market activity has declined this year, according to a report released by the Chinese Academy of Social Sciences (CASS).
Last Updated: Friday, November 02, 2012, 14:30
The People's Bank of China (PBOC), the country's central bank, stepped up its efforts in injecting a record amount of cash flow into banks through open market operations this week.
Last Updated: Thursday, August 09, 2012, 10:16
China's inflation rate fell further to a 30-month low in July, giving the government more scope to stimulate growth to keep economy on track to meet 2012 growth target of 7.5 percent.
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