Latest People’s Bank Of China News

People’s Bank of China

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China Yuan Down Slightly on PBOC Guidance; May Extend Weakness
The People's Bank of China set the dollar/yuan central parity rate at 6.2898, higher than Wednesday's 6.2881, despite dollar weakness against the yen overnight. "I guess the central bank will continue to keep the yuan weak ahead of the Lunar New Year …
Read more on Wall Street Journal (India)

The logic behind 'Chinese style excessive monetary issuance'
The latest data released by the People's Bank of China show that the balance of China's broad money (M2) was 97.42 trillion yuan as of the end of 2012, approaching the mark of 100 trillion yuan. The M2-to-GDP ratio reached up to 188 percent, a record …
Read more on People’s Daily Online

THE PEOPLE'S BANK OF CHINA : Financial Statistics, 2012
The People's Bank of China : Financial Statistics, 2012. 01/14/2013| 06:04am US/Eastern 1. Broad money and narrow money rose by 13.8 percent and 6.5 percent respectively at the year-end. At end-2012, broad money (M2) stood at 97.42 trillion yuan, …
Read more on 4-traders

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