The move comes a year after the central bank suspended yuan trading. The finance ministry said it is allocating the equivalent of about $800mn for FX trades.
January 13, 2023The central bank will incorporate weather factors in economic forecast models, use monetary policy to promote sustainable finance, and invest in green bonds.
January 5, 2023The RBA will adjust the way it sets interest rates for repo transactions with banks and shorten the maximum tenor to four weeks.
February 28, 2022The BSP was granted authority to designate systemically important payment systems under the National Payment Systems Act, which was signed into law in 2018.
August 23, 2021The PBOC plans to further extend SME loan repayment deferrals to 31 March 2021, further drive down real interest rates, and bolster support for banks.
May 27, 2020