Categoría: People’s Bank of China

Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD

Moments after the Chinese yuans onshore exchange rate versus the U.S. dollar slumped to 7.2458 por dólar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against......

Cripto represión de China: Los fundamentos aún muestran la continuación del mercado alcista, Bobby Lee dice 'No entres en pánico'

The Peoples Bank of China (PBOC), the countrys central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore isconsidered illegal financial activity.The PBOC also reiterated comments it had made in......