Photo taken on April 20, 2022 shows the Japanese yen and U.S. dollar banknotes in Tokyo, Japan. (Xinhua/Zhang Xiaoyu)
Local analysts believe that the yen\’s appreciation in the future is inevitable, bu
Tag: Monetary
New sanctions against Iran expected \”in coming days,\” U.S. treasury secretary says
WASHINGTON, April 16 (Xinhua) — U.S. Secretary of the Treasury Janet Yellen said Tuesday that she expects the United States to impose new sanctions on Iran \”in the coming days.\”
\”I fully expect that
China\’s forex reserves rise to 3.2457 trillion USD
BEIJING, April 7 (Xinhua) — China\’s forex reserves totaled 3.2457 trillion U.S. dollars as of the end of March, rising by 19.8 billion dollars, or 0.62 percent, from the end of February, according to
China\’s central bank to enhance implementation of monetary policies
Photo taken on Oct. 19, 2020 shows an exterior view of the People\’s Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang)
BEIJING, April 3 (Xinhua) — China\’s central bank on Wednesday pled
High-quality development of Chinese economy a boon for the world
BOAO, Hainan, March 29 (Xinhua) — The high-quality development pursued by China amid its drive to grow new quality productive forces will continue to unleash great potential for growth and business o
RRR cut buzz gathers steam
A pedestrian walks past the headquarters of the PBOC in Beijing. JIANG QIMING/CHINA NEWS SERVICE
Lukewarm financing demand and the upcoming issuance of a large amount of treasury bonds may necessitate
China to appropriately enhance intensity of proactive fiscal policy: minister
BEIJING, March 6 (Xinhua) — China will appropriately enhance the intensity of the proactive fiscal policy, the finance minister said on Wednesday.
China will continue to implement a proactive fiscal
China pushes for 5% GDP growth
Premier Li Qiang delivers the Government Work Report at the opening meeting of the second session of the 14th National People\’s Congress at the Great Hall of the People in Beijing on Tuesday. FENG YON
China pledges proactive fiscal policy, prudent monetary policy in 2024
BEIJING, March 5 (Xinhua) — China will continue to implement a proactive fiscal policy and a prudent monetary policy this year, according to a government work report submitted Tuesday to the national
China\’s central bank signs 40 currency swap agreements with foreign counterparts
BEIJING, Feb. 16 (Xinhua) — The People\’s Bank of China (PBOC), the country\’s central bank, has signed bilateral currency swap agreements with more than 40 foreign central banks or monetary authoritie