PBOC
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Iran's oil sector continues to grow in Q1: Minister
Iran's minister of oil said that the oil sector of the country witnessed a significant growth over the first three months of this year in the Iranian calendar (March 21 to June 22, 2024).
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Bitcoin Tumbles as PBOC Declares Initial Coin Offerings Illegal
EghtesadOnline: Bitcoin tumbled the most since July after China’s central bank said initial coin offerings are illegal and asked all related fundraising activity to be halted immediately, issuing…
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China Money Rate Confusion Shows How PBOC Keeps Traders on Edge
EghtesadOnline: The capacity of China’s central bank to surprise markets is so great that, last week, it left investors chewing over whether a data error was a policy signal.
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PBOC to Boost Coordinated Oversight of Key Financial Firms
EghtesadOnline: China’s central bank said it will step up coordinated oversight of systemically important financial institutions, another step toward defusing risk before a gathering of the country’s…
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PBOC Raises Interest Rates on Standing Lending Facility Loans
EghtesadOnline: China’s central bank raised interest rates for standing lending facility loans, aimed mainly at small- and medium-sized financial institutions, it announced Saturday.
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PBOC’s Zhou Wants More Free Trade Clarity at G-20 Hamburg Summit
EghtesadOnline: People’s Bank of China Governor Zhou Xiaochuan said he would like to see Group of 20 officials continue to seek greater consensus on trade when national leaders meet this year.
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Senior PBOC researcher: Must break 'feedback loop' behind yuan falls
EghtesadOnline: Beijing needs to stem capital outflows and manage expectations when market jitters risk putting falls in China's yuan into a potentially destructive feedback loop, a senior Chinese…
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As China Trade Falls Further
PBOC Urges Use of Innovative Monetary Tools
EghtesadOnline: China’s central bank has given more signals about its evolving monetary policy stance, flagging continued use of liquidity tools rather than further cuts to interest rates or…