Friday, October 23, 2020
Tags Federal reserve

Tag: Federal reserve

Economy

Sustained RMB Rise Expected Despite Fed Flagging Rate Hike

CBNEditor - 0
China Merchant Securities expects continued appreciation of the RMB despite the US Federal Reserve flagging a gradual rise in interest rates. The minutes of the US central bank May 2...
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Banking

China’s Central Bank Balance Contracts as Interbank Rates Surge

CBNEditor - 0
The balance sheet of China's central bank has contracted, spurring a surge in interbank deposit rates has put many commercial lenders in a tight spot. The latest "Monetary Authority...
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Most Read

Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Fintech CBNEditor - 0
Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
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China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

Economy CBNEditor - 0
China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
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Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Economy CBNEditor - 0
Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...
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PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

Fintech CBNEditor - 0
A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...
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