Chinese banks boost dollar deposit rates Published 10 Nov, 2026 04:44am BEIJING: Several Chinese banks are sharply lifting dollar deposit rates, in some cases above US benchmarks, in...
China’s yuan holds steady against dollar Published 10 Nov, 2026 04:44am SHANGHAI: China’s yuan held firm against the dollar on Monday, as a pickup in seasonal foreign exchange settlements...
China July bank loans contract for second time in 2026 on weak demand Published 16 Aug, 2026 02:24am BEIJING: China’s new yuan loans contracted in July for the second time this year, falling short of forecasts as...
China central bank to add tool to better manage short-term liquidity Published 25 Jun, 2026 10:07am The PBOC had also announced measures last week to narrow the range of short-term rates in a bid to reduce money market volatility
Yuan steady against dollar Published 18 Jun, 2026 05:37am SHANGHAI: China’s yuan held steady against the dollar on Wednesday, as investors awaited the Federal Reserve’s first...
China yuan slips against dollar Published 20 Apr, 2026 06:56am SHANGHAI: China’s yuan slipped against a strengthening dollar on Friday but looked set for a third consecutive...
Aurangzeb steps up economic diplomacy Updated 18 Apr, 2026 09:02am ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, during the fourth day of the...
China’s yuan set for weekly gain Published 16 Mar, 2026 04:51am SHANGHAI: China’s yuan was weaker against the dollar on Friday but looked set to strengthen on the week, despite...
Yuan halts rally after PBOC cuts dollar-buying costs Published 02 Mar, 2026 04:37am SHANGHAI: A long rally in China’s yuan was halted on Friday after authorities made their strongest pushback yet on...
China’s yuan advances Published 26 Jan, 2026 06:04am SHANGHAI: China’s yuan inched to a near 32-month high against the US dollar on Friday, after the central bank lifted...
China says to launch digital currency action plan Published 30 Dec, 2025 05:48am BEIJING: China will on January 1 launch an “action plan” for boosting management and operations of its digital...
China’s PBOC signals caution on rapid yuan gain Published 29 Dec, 2025 05:16am BEIJING: The yuan slipped against the dollar on Friday after China’s central bank sent a strong signal through its...
China’s PBOC signals caution on rapid yuan gain as it nears key 7 mark Published 26 Dec, 2025 10:33am Prior to market opening, the People's Bank of China (PBOC) set the midpoint rate at 7.0358 per dollar
Yuan hits fresh 14-month high Published 15 Dec, 2025 04:59am SHANGHAI: China’s yuan inched higher to a fresh 14-month high against a broadly weaker dollar on Friday, but the...
Yuan gain against dollar Published 01 Dec, 2025 07:13am SHANGHAI: The yuan headed for its longest string of monthly gains against the dollar in four years on Friday, even ...
G-24 press briefing: Pakistan working to diversify global trade in local currencies: SBP Updated 17 Oct, 2025 09:01am ISLAMABAD: Pakistan is actively working to diversify its international trade settlement mechanisms and promote the...
Aurangzeb advances Pakistan-China financial cooperation Updated 02 Sep, 2025 08:47am BEIJING: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held important meetings Monday in...
China’s central bank injects 700bn yuan of outright reverse repos in May Published 30 May, 2025 05:02pm SHANGHAI: China’s central bank has injected 700 billion yuan ($97 billion) into its banking system during May...
China’s central bank, regulators hold symposium on support for private companies Published 02 Mar, 2025 01:38pm BEIJING: China’s central bank and financial regulators held a symposium with private enterprises and financial...
China’s yuan heads for weekly fall Published 23 Dec, 2024 06:50am SHANGHAI: China’s yuan was steady against the dollar on Friday, helped by firmer central bank guidance but was...
China’s central bank resumes gold purchases after six-month hiatus in Nov Published 07 Dec, 2024 09:57am SHANGHAI: China’s central bank resumed buying gold for its reserves in November after a six-month pause, official...
Aurangzeb praises role of Pakistani diaspora Updated 28 Oct, 2024 08:52am ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb appreciated Pakistani diaspora on...
HK shares reach again for 20-month peak Published 05 Oct, 2024 06:43am SINGAPORE: Hong Kong stocks rose more than 2% on Friday, still cheering China’s massive economic stimulus...
China’s yuan briefly crosses key 7 per dollar as market cheers stimulus Published 25 Sep, 2024 10:19am SHANGHAI: China’s yuan rose to a fresh 16-month high on Wednesday and briefly crossed the key 7-per-dollar level...
China briefed about govt-IMF engagements Updated 27 Jul, 2024 10:11pm BEIJING: Senator Muhammad Aurangzeb Minister for Finance and Revenue and Sardar Awais Ahmad Khan Leghari Minister...
China surprises with cuts to key rates to support weak economy Published 23 Jul, 2024 08:29am SHANGHAI: China surprised markets by lowering a key short-term policy rate and its benchmark lending rates on ...
Yuan softens after weaker PBOC guidance Published 08 May, 2024 07:32am SHANGHAI: China’s yuan weakened against the dollar on Tuesday, pulling back from the previous day’s six-week ...
Yuan stutters near 5-month low Published 30 Apr, 2024 03:43am SHANGHAI: China’s yuan hovered near a five-month low against the dollar on Monday after the central bank set the...
Yuan weakens to five-month low Published 23 Apr, 2024 03:41am SHANGHAI: China’s yuan weakened to five-month lows on Monday against the dollar, which was propped up by ...
China’s yuan hits 5-month low Published 16 Apr, 2024 03:38am SHANGHAI: China’s yuan traded at a five-month low against the dollar on Monday, but the currency avoided any steep...