People’s Bank of China

Despite growing criticisms of its decision on cryptocurrencies, the Central Bank of Nigeria (CBN) says it will continue to protect the financial system from the activities of fraudsters, and the instrument which it describes as a "gambling…

China’s central bank has proposed stepping up antitrust measures for companies in the non-bank payments industry, such as Ant Group’s Alipay and Tencent’s WeChat Pay. Under draft rules proposed on Wednesday, the People’s Bank of China…

China’s central bank urged Ant Group on Sunday to outline a concrete plan as soon as possible to meet regulatory demands and fully understand the seriousness of the “rectification” work it needs to perform. The People’s Bank of China…

China’s central bank continued to pump cash into the banking system via reverse repos on Tuesday to maintain liquidity. With no reverse repos maturing Tuesday, the People’s Bank of China injected a total of 30 billion yuan (about 4.29…

The first-quarter monetary policy implementation report from the People’s Bank of China (PBOC) did not repeat the central bank’s long-standing vow to refrain from “flood-like” stimulus to support growth, reinforcing signs of more policy…

China’s central bank said Friday it would cut the reserve requirements for smaller banks to release around 400 billion yuan ($56.3 billion) in liquidity, a move to counter the coronavirus impact on enterprises. The People’s Bank of China…

Asia’s factories took a beating in February from the coronavirus outbreak with activity in China shrinking at a record pace, surveys showed on Monday, raising the prospect of a co-ordinated policy response by central banks to prevent a…

Coronavirus fears weighed on Asian markets Thursday despite China reporting a big drop in new cases and easing borrowing costs to cushion the epidemic's economic impact. Traders have been betting on central banks, particularly…

As China prepares to become the first country to launch a digitized domestic currency, market participants and experts say it is a testament to both financial innovation and Beijing’s desire to have fail-safe control over its cash economy.…

By ADEBISI ADEMOLA The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting yet another sum of $210 million into various sums of the market on Tuesday. The apex bank offered…