yuan

China's Central Bank: Yuan Loans Grew by 10.44 Trillion Yuan in Eight Months

The People's Bank of China reported that yuan lending rose by 10.44 trillion yuan in January–August 2026. The regulator intends to maintain a moderately loose policy in the second half of the year.

PBOC Publishes Reform Plan for 2026-2030

The People's Bank of China has unveiled a financial system development plan for 2026-2030, aimed at improving monetary policy and supporting the real economy.

China's Forex Reserves Rise to $3.419 Trillion in July

China's foreign exchange reserves grew by $3 billion to $3.419 trillion, while the central bank continued gold purchases for the 21st consecutive month.

Yuan Rises on Moscow Exchange, Ruble Falls on Lower Oil Prices

The Chinese yuan rose on the Moscow Exchange, while the ruble declined amid falling oil prices. The Central Bank of Russia raised official dollar and euro rates.