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Showing 161 - 170 of 170 results for "PBOC"

To spend or not to spend

BENJAMIN ONG  |  WEDNESDAY, 23 JUN 2010
... Bank of China. They've woken up to the reality that their dream of a floating, dearer yuan is just that a dream. Oh yes, the PBOC tried to keep the dream alive yesterday by raising the currency's daily reference fixing 0.43 per cent higher at 6.7980 ...

The art of war

BENJAMIN ONG  |  TUESDAY, 22 JUN 2010
... proceed further with reform of the RMB exchange rate regime and increase the RMB exchange rate flexibility." Have you read the PBOC website? Even little Ben at Financial Standard has read it. Read the text of the PBOC announcement again... and again. ...

A stitch in time

BENJAMIN ONG  |  MONDAY, 21 JUN 2010
... revaluation is coming! It's good news for financial markets. Positive speculation abound after the People's Bank of China (PBOC) posted the "Further Reform the RMB Exchange Rate Regime and Enhance the RMB Exchange Rate Flexibility" statement on its website ...

Don't know where to go

BENJAMIN ONG  |  FRIDAY, 12 MAR 2010
... to 2.7 per cent in February from 1.5 per cent in the previous month. But the spike is "weather-related" and according to PboC Deputy Governor Su Ning, " the arrival of spring and good weather, the seasonable impact will gradually disappear." In Europe ...

Still a two-way street

BENJAMIN ONG  |  TUESDAY, 9 MAR 2010
... June 2008 and Beijing - if not the rest of the world - is certainly way, way passed the GFC. Speculations were sparked by PboC Governor Zhou Xiaochuan's speech before the National People's Congress in Beijing that, the "special yuan" policy is a "temporary" ...

Love thy neighbour

BENJAMIN ONG  |  MONDAY, 15 FEB 2010
... brought renewed trepidation. The world welcomed the Chinese New Year with an announcement from the People's Bank of China (PboC) that it was increasing banks' reserve requirements by 50 bps to 16.5 per cent effective 25 February - the second in as many ...

Stimulexit

BENJAMIN ONG  |  MONDAY, 18 JAN 2010
... gives? What gives is the uncertainty about when the fiscal and monetary stimuli will be withdrawn. The People's Bank of China (PBOC) has already started to guide interest rates higher and lifted its bank's required reserves. The Reserve Bank of Australia ...

Good For China

BENJAMIN ONG  |  THURSDAY, 14 JAN 2010
... clout in the global economy and financial markets. Markets reacted negatively to reports of the People's Bank of China's (PBOC) 50 bps hike in its banks' required reserves - the first since December 2008 - and news that it is 'guiding' its 3-month and ...

Gung Hay Fat Choy

BENJAMIN ONG  |  FRIDAY, 23 JAN 2009
... to prevent its economy from overheating. It got what it wished for. How many times had the Peoples Central Bank of China (PBOC) raised interest rates in the past to try and slow its economy? It raised its benchmark lending rate from 5.31 per cent in ...

Weekly economic round-up

BENJAMIN ONG  |  MONDAY, 1 MAY 2006
... escalating crude oil prices rather than creating inflation. This contrasts with last week's move by the People's Bank of China (PBOC) to increase interest rates in the country where the economy is definitely running red hot. The PBOC raised its one year ...