Sentence examples similar to At pboc from inspiring English sources

PBoC deputy governor Yi Gang said at the IMF ministerial meeting in Washington that CNY appreciation against USD and other currencies in PBoC's basket will help China to fight inflation, and that CNY is close to being freely usable, which would meet one main requirement of being included in the SDR.

The devaluation – by a mere 3%, it should be noted – reflected a change in PBOC policy intended to give the market more influence over the exchange rate.

So far they have: –increased the reserve requirement ratio so major commercial banks must now keep 16%, rather than 15.5%, of deposits at the People's Bank of China (PBoC), the country's central bank; –asked major banks to limit lending; and.

Language is important, not least when it comes from the mouths of central bankers, so it is worth looking more closely at why the People's Bank of China (PBoC) says it is still vying for the middle ground.

But even this understates the true rate at which the People's Bank of China (PBOC) has been piling up foreign exchange.Logan Wright, a Beijing-based analyst at Stone & McCarthy, an economic-research firm, has done some statistical detective work to make sense of the figures.

These agreements amount to short-term loans to cash-strapped banks.As rates spiked today, the PBOC felt the need to remind the market of the powers at its disposal.

The People's Bank of China (PBOC), the country's central bank, said it would increase the flexibility of the yuan, which has been tightly pegged at about 6.83 to the dollar since July 2008.

The PBOC was instead worried about something else.

PBOC's shares rose 34 cents, to $9.53.

According to Stephen Green, an economist at Standard Chartered, it made a profit of $29 billion last year more than any of the world's commercial banks.Much attention has been given to the large losses that the PBOC could suffer if the yuan rose sharply against the dollar (in which around 70% of reserves are held).

And it is the PBOC they should be watching, not the Fed.