News list for " RMB"
On September 18, 2025 (Monday), the People's Bank of China will invite tenders to issue the seventh installment of central bank bills in 2025 through the HKMA Central Clearing System for Debt Instruments (CMU) bond bidding platform. The seventh installment of central bank bills has a term of 6 months (182 days). It is a fixed-rate interest-bearing bond with principal and interest repayment at maturity. The issuance volume is RMB 60 billion yuan. The interest rate starts on September 24, 2025. Th...
According to market news released by * Walter Bloomberg, Alibaba executives revealed that they have invested more than 100 billion yuan in artificial intelligence infrastructure and artificial intelligence Product Research & Development. (Bloomberg)
The People's Bank of China, together with the General Administration of Customs, has studied and drafted the "Notice of the General Administration of Customs of the People's Bank of China on Optimizing the Cross-border Transfer of RMB Cash by Banking Financial Institutions Groups (exposure draft) ", which is now open to the public for comments.
China Asset Management (Hong Kong) today announced the launch of the second batch of tokenized funds, the China AMC Dollar Digital Currency Fund and the China AMC RMB Digital Currency Fund, which together with the Hong Kong Dollar Digital Currency Fund approved in February this year have established a complete series of tokenized currency funds. Among them, the China AMC RMB Digital Currency Fund is the world's first RMB-denominated tokenized fund. It is reported that this series of funds has in...
On May 20, China Merchants Bank cut the RMB deposit interest rate on May 20, of which the demand interest rate was reduced by 5 basis points to 0.05%; the regular deposit and withdrawal three-month, half-year, one-year and two-year periods were reduced by 15 basis points, respectively 0.65%, 0.85%, 0.95% and 1.05%; the regular deposit and withdrawal three-year and five-year periods were reduced by 25 basis points, to 1.25% and 1.3% respectively. The three terms of regular zero deposit and withdr...
On May 20, the Industrial and Commercial Bank of China cut the RMB deposit interest rate on May 20, of which the demand interest rate was reduced by 5 basis points to 0.05%; the fixed deposit and take-up of three months, half-year, one-year and two-year periods were reduced by 15 basis points, respectively 0.65%, 0.85%, 0.95% and 1.05%; the three-year and five-year periods were reduced by 25 basis points, respectively to 1.25% and 1.3%. The three terms of regular zero deposit and take-up, whole ...
On May 20, the Bank of China cut the RMB deposit interest rate on May 20, of which the demand interest rate was reduced by 5 basis points to 0.05%; the fixed deposit and take-up three-month, half-year, one-year and two-year periods were reduced by 15 basis points, respectively 0.65%, 0.85%, 0.95% and 1.05%; the three-year and five-year periods were reduced by 25 basis points, respectively to 1.25% and 1.3%. The three terms of regular zero deposit and take-up, whole deposit and take-up, and depos...
According to Sina quotation, the offshore RMB rose above the 7.23 mark against the US dollar, rising more than 200 points in the day, setting a new high since the end of November last year.
China's Swift yuan accounted for 3.79% of global payments in January, up from 3.75% previously.
USD/RMB at 7.1712, up 7 points (RMB depreciation); EUR/RMB at 7.5024, down 154 points; HKD/RMB at 0.9221, up 0.1 points; GBP/RMB at 9.0743, down 281 points; AUD/RMB at 4.5730, down 53 points; CAD/RMB at 5.0720, down 166 points; 100 yen/RMB at 4.7807, up 248 points; RMB/Russian ruble at 12.2972, down 2762 points; New Zealand dollar/RMB at 4.1187, up 2 points; RMB/Ringgit at 0.61628, down 3.7 points; Swiss franc/RMB at 7.9623, down 56 points; Singapore dollar/RMB at 5.3689, down Adjust 18 o'clock.
