People's Bank of China News

The incident is reportedly related to the recent notification by the Bank of China's Henan branch. Army tanks hitting city roads serves as a sombre reminder of the terrible Tiananmen Square massacre that occurred on June 4, 1989.

People's Bank of China announced a fresh crakcdown on cryptocurrency trading. Bitcoin was last down 4.6% at $42,874 Moreover, Ether fell over 8% while XRP slipped 7%.

The People's Bank of China was among 357 institutional that subscribed to the issue. Other investors included domestic mutual funds, insurance companies and global institutions. The Chinese central bank has reportedly picked up shares worth Rs 15 crore in Rs 15,000 crore QIP issue.

The central bank of China currently has nearly 1.75 crore shares in HDFC during the quarter ended March, according to data submitted by the company at the BSE.

The combined value of mobile payments jumped 33.8 per cent to 39.2 trillion yuan (USD six trillion).

Bitcoin has also lured many ordinary Chinese attracted by the incredible surge in prices, a popularity that has generated "pyramid schemes and financial fraud", said Dong Ximiao, an economist at Peking University.

China`s central bank said it would skip open market operations on Monday, citing "relatively high" liquidity level in the banking system despite some impact from local government bond issuance.

The world's largest currency hoard fell to USD 3.12 trillion last month, down USD 45.7 billion from September, marking the lowest level since March 2011, according to data from the People's Bank of China.

China's foreign exchange reserves fell by some $16 billion dollars in August, officials said Wednesday, as the country`s central bank sold dollars to defend its currency against capital outflows.

China's foreign exchange reserves, the highest in the world, dropped to USD 3.201 trillion at the end of last month, down from June's USD 3.205 trillion amid concerns over capital outflows.

 China's central bank has injected a whopping 163 billion yuan into 20 financial institutions to ease liquidity strain in the world's second largest economy, currently witnessing sluggish growth.

China's central bank said Thursday it was funnelling 340 billion yuan (USD 52 billion) into the financial system, the second injection in three days to meet surging demand for funds ahead of the Lunar New Year holiday.

China's central bank has pledged more than 600 billion yuan (USD 91 billion) in funding support for banks to provide sufficient liquidity around the traditional Chinese New Year, when demand for cash surges.

New loans extended by banks slid to 597.8 billion yuan (USD 91.1 billion) in December, against 708.9 billion yuan in November, the People's Bank of China said.

China's bank lending nearly halved in October compared with the month before, the central bank said Thursday, reflecting lack of demand despite an interest rate cut aimed at boosting the flagging economy, the world's second-largest.

China Thursday issued a new 100 yuan banknote - the largest denomination of the currency available in the world's second-largest economy - with added golden touches and more security features that will be harder to counterfeit and easier for machines to read.

The People's Bank of China (PBOC) said it will issue new 100-yuan bank notes starting November 12.

China's central bank, the People's Bank of China (PBOC), Monday said it will start issuing a new 100-yuan bank note from November 12 that will be harder to counterfeit and easier for machines to read.

China's gold reserves touched a record 1,658 tonnes by June, 2015, zooming nearly 60 percent since April 2009, the central bank of the world's largest gold producer said Friday.