People’s Bank of China

FirstBank moves to deepen intercontinental partnerships with China

First Bank of Nigeria Limited has announced strategic steps it is taking to deepen the intercontinental partnerships with its Chinese…

By businessamlive
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China cuts reserve requirement ratios by 50bps to boost credit supply

China is set to lower some banks' reserve requirement ratios (RRR) by 50 basis points on July 5, the country's…

Turkish lira rallies on results of weekend election as Yuan weakens to lowest level in six month on trade war fears

The Turkish lira rallied sharply in early trade Monday, following the news that Turkish president, Recep Tayyip Erdogan, has won…

Nigeria central bank signs currency swap agreement with the People’s Bank of China

The Central Bank of Nigeria (CBN) Thursday announced the execution of a bilateral currency swap agreement with the Peoples Bank…

China’s central bank raises market rates as data shows economic growth moderating

China's central bank on Thursday nudged up money market rates as authorities sought to defuse financial risks without imperiling the…

Bitcoin falls as much as 11%, most since July as PBOC declares initial coin offerings illegal

Bitcoin tumbled the most since July after China’s central bank said initial coin offerings are illegal and asked all related…

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