People’s Bank of China (PBoC)
China wary of a gold bubble
People’s Bank of China deputy governor says steadily climbing gold prices could decrease the attractiveness of the metal as a reserve asset
Yuan appreciation calls “unfair”: Chinese premier
Wen Jiabao, the Chinese head of state, accuses critics of the undervalued yuan of hypocrisy
US policy threatens emerging markets: China’s top regulator
Chairman of China’s regulator says weak dollar and low rates are dangerous to the global economy; echoes recent comments from top Japan, HK officials
China to keep policy “moderately loose”; hint at yuan appreciation
People’s Bank of China to maintain accommodative policy stance, suggests renminbi appreciation could be possible
How can central banks avert the next crisis?
Claire Jones moderated Central Banking’s first ever live webinar, which was sponsored by BNP Paribas Securities Services.
China’s precarious balancing act
Hui Feng argues that monetary accommodation will remain in place for some time
India buys 200 tonnes of IMF gold
The Reserve Bank of India purchases just under half of the IMF’s sale quota for $6.7 billion
Korea considering shifting dollar assets to gold
Korean central bank reportedly interested in diversifying reserves; favours gold over dollar
PBOC’s Su in Taiwan for bill-financing talks
Su Ning, a deputy governor of the People’s Bank of China (PBOC), visits Taiwan to discuss the development of bill financing markets
China’s Su looks to clarify policy
Deputy Su Ning says People’s Bank of China will fine tune policy using open market operations
Beijing in policy about-turn as stocks dip
People’s Bank of China’s Su Ning says monetary policy will remain loose after main index falls 5%
People’s Bank to “guide” lending
Chinese central bank's nuanced policy reflects desire for growth coupled with stability
Tripartite governors first meeting
Governors of People’s Bank of China, Bank of Japan and Bank of Korea hold first annual summit
China’s reserves exceed $2 trillion
China’s foreign-exchange reserves reach a new record high
Beijing steps up bid for renminbi to become reserve currency
China’s central bank issues rules aimed at enhancing currency’s international status but ex-governor says renminbi will only join euro and dollar after ten years or more
HKMA signs agreement on renminbi settlement
The HKMA and People’s Bank of China laid the foundations for a renminbi settlement scheme to be based in the territory
China, Malaysia to use own currencies to trade
Trade between Malaysia and China will soon be conducted in ringgit and renminbi as well as dollars, Zeti Akhtar Aziz, the governor of Bank Negara Malaysia, said on Friday.
Brazil and China planning link-up to ditch dollar
A Central Bank of Brazil official has said that trade between the country and China will be conducted in reals and renminbi rather than dollars.
China warns on QE inflation threat
The People's Bank of China has said that quantitative easing posed huge risks for international markets and the global economy.
Beijing steps up calls for global monetary reform
Chinese officials reiterated calls for the reform of the international monetary order over the weekend.
PBOC - China Payment System Development Report
Payment services tended to be diversified and increasingly market-oriented in 2007, notes the latest China Payment System Development Report from the People's Bank of China.
China's economy on the up: central banker
Record lending by commercial banks and improved liquidity in the first quarter of 2009 suggests end-2008 marked a turning point in China's economic fortunes, said Yi Gang, deputy governor of the People's Bank of China.
Geithner open to Zhou suggestion, but backs buck
Tim Geithner, the US Treasury secretary, said on Wednesday that he was open to People's Bank of China governor Zhou Xiaochuan's suggestion of expanding the use of special drawing rights (SDRs) but affirmed the dollar's strength.