China
PBoC injects $15 billion into policy banks
This is the first time the PBoC has used the lending tool in more than two years
Ukraine: the challenges for central banks
Rules on the weaponisation of money would help to protect a ‘public good’ amid geopolitical splits in a testing environment for central banks, write Gavin Bingham, Paul Fisher and Andrew Large
China rolls out new measures to boost housing demand
Authorities lower mortgage rates and offer a tax incentive for new home purchases
PBoC allows some cities to cut mortgage rates for first-time buyers
One-third of China's largest cities will qualify for new arrangement, analysts say
PBoC warns investors against renminbi speculation
Central bank seeks to shore up currency after the onshore yuan fell to its lowest against dollar since 2008
PBoC raises FX risk reserve ratio for forward trading
Move is the Chinese central bank’s latest attempt to slow the yuan’s decline
Australian senator introduces bill to regulate e-yuan
International use of the CBDC viewed as boosting China’s strategic power
PBoC leaves key lending rates unchanged
Chinese central bank pauses monetary easing as yuan falls to two-year lows
Social media: an essential tool for central bank communication
Strategies to secure popularity, comprehensibility and reputation as new media takes centre stage
Economy’s ‘first responders’ now in the line of fire
Forceful but late interventions to combat inflation raise the risk of central bank overreactions
PBoC holds key interest rate unchanged
State council defers some firms’ tax payments and says it will increase support measures
People: new deputy governors in China, Sweden and Argentina
Bank CEO joins PBoC, while former regulator goes to Riksbank
Iran legalises crypto for imports
Trading crypto domestically still illegal, central bank tells citizens
Will the dollar remain the world’s reserve currency?
Bank of Russia sanctions are unlikely to undermine the US dollar’s central role in reserve portfolios. But a relative decline in US economic weight and technological innovation are benefiting other currencies
China and Hong Kong to strengthen capital market ties, senior official says
Hong Kong markets should be able to trade in Chinese government debt futures, says Fang Xinghai
Two rural banks in China’s Liaoning province go under
Regulator says the banks were involved in illegal operations
Chinese authorities arrest 234 suspects linked to Henan banking scandal
Authorities also start repaying more depositors after months-long freeze
PBoC launches new phase of e-yuan pilot
Consumers in some cities can use prototype CBDC for public transport and housing
Chinese authorities announce $44 billion stimulus package
Authorities increase funds to power companies and farmers as country suffers from multiple crises
Geostrategic risks now a major factor – CNB reserves head
Ondrej Strádal supports use of CBR reserves for reparations, is reassessing renminbi allocations and has US recession as a ‘base case’ scenario
PBoC urges big state banks to increase lending
Yi Gang summons bankers as PBoC says economy faces “critical moment’
Book notes: Can’t we just print more money?, by Rupal Patel and Jack Meaning
A genuinely readable but non-neutral introduction to economics
PBoC cuts key lending rates
Move follows unscheduled cut to two other rates after official data showed growing slowdown
Russian banks set to use digital ruble in 2024
Cross-border integration with “friendly countries” planned to bypass Swift