pboc

The People's Bank of China (PBoC) announced late Saturday that it will be widening the currency's daily trading band to 2 percent from 1 percent. CNBC's Deirdre Wang Morris reports. more...

The yuan edged down versus the dollar on Tuesday, consolidating its biggest single-day gain a day earlier, brushing aside a record central bank mid-point as the market expects no Chinese policy change towards a faster pace of yuan rises any time soon. more...

China will keep monetary conditions tight in its effort to rein in stubborn inflation, the country's central bank said on Friday, adding that containing domestic price rises remains the priority.* more...

China's central bank is caught in a vicious circle, one that means there will be no let up in its fight to keep sucking funds out of the banking system via further increases in already record high reserve requirements. more...