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Samples in periodicals archive:
The People's Bank of China has enlarged the deposit base for banks by including interbank deposits from non-bank financial institutions.
The Central Bank of Sri Lanka and the People's Bank of China Monday have entered into a Bilateral Investment Agreement on Bond Investment.
The People's Bank of China will continue to adopt prudent monetary policy and fine tune it in light of changes so that the policy can stabilize growth, boost reforms, adjust structures, enhance people's welfare and prevent risks," the central bank said in a report carried by Xinhua.
Chinese banks' yuan positions for foreign exchange purchases, an indicator of capital flows, also fell for the first time in four years in October, and declined consecutively in November and December, according to People's Bank Of China.
23, 2011 (CENS)--Fubon Bank (Hong Kong) has become the first Taiwanese-invested bank capable of investing in mainland China's interbank bond market, as it is included in a new list of five offshore financial institutions allowed to make such investment, publicized by People's Bank of China yesterday (Aug.
Many in the United States, however, incorrectly complain that China obtains an unfair trade advantage and gains on foreign investments because the People's Bank of China systematically undervalues the renminbi relative to the dollar.
The People's Bank of China said Tuesday last week's 2 percent currency revaluation would not lead to further changes, despite reports to the contrary in overseas media.
That fixed peg, which had been in place since 1996, was cancelled abruptly in late July, though the new system adopted by Chinese leaders is far from free-floating But the announcement by the People's Bank of China was accompanied by a slight increase in the yuan's value and a pledge to "move into a managed floating exchange rate regime based on market supply and demand with reference to a basket of currencies.