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Acronymfinder

What does PBC stand for?

PBC stands for People's Bank of China


This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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We have 333 other definitions for PBC in our Acronym Attic

Samples in periodicals archive:

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.
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.
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.