Central Banks Money Supply

More

  • BEIJING, April 15- Chinese banks extended 1,370 billion yuan in net new yuan loans in March, exceeding analyst expectations and the previous month's lending of 726.6 billion yuan. The central bank said the broad M2 money supply grew at 13.4 percent from a year earlier, just missing forecasts. China's foreign exchange reserves stood at $3.51 trillion at the end of...

  • *Feb new loans 726.6 bln yuan, vs f'cast 1.2 trln yuan. BEIJING/ SHANGHAI, March 11- Chinese banks extended 726.6 billion yuan in net new yuan loans in February, missing expectations and pulling back from a lending splurge in January, even as the central bank promised to keep policy loose to support the slowing economy. "The authorities put a brake on the credit growth,...

  • *Feb new loans 726.6 bln yuan, vs f'cast 1.2 trln yuan. BEIJING/ SHANGHAI, March 11- Chinese banks extended 726.6 billion yuan in net new yuan loans in February, missing expectations and pulling back from a lending splurge in January, even as the central bank promised to keep policy loose to support the slowing economy. Economists polled by Reuters had expected new...

  • BEIJING, March 11- Chinese banks extended 726.6 billion yuan in net new yuan loans in February, missing analyst expectations and falling from the previous month's lending of 2.51 trillion yuan. The central bank said the broad M2 money supply grew at 13.3 percent from a year earlier, missing forecasts. Outstanding yuan loans grew at 14.7 percent by month-end on an...

  • BEIJING, March 2- China plans to target broad-based money supply growth of around 13 percent this year, sources said, a signal that further monetary policy easing is likely during a painful economic restructuring that could see millions of workers losing jobs. The target, which is set to be announced by Premier Li Keqiang at the annual parliament session that...

  • SHANGHAI, March 1- China's yuan firmed at the open on Tuesday, after the People's Bank of China cut banks' reserve requirement ratio by 50 basis points, injecting around 650 billion yuan into the economy. The People's Bank of China set the midpoint rate at 6.5385 per dollar prior to market open, firmer than the previous fix of 6.5452, and higher than Monday's closing...

  • SHANGHAI, March 1- The People's Bank of China set its official midpoint rate slightly stronger at 6.5385 per dollar prior to the market open on Tuesday, a day after it resumed its easing cycle in the face of mounting pressure on the economy. Monday fixing was set at 6.5452. The central bank's cut to banks' reserve requirement ratio by 50 basis points on Monday will...

  • BEIJING, Feb 16- China's central bank issued a slew of measures on Tuesday to increase financial support to its struggling industrial sector, in the latest efforts to counter a prolonged economic slowdown. The People's Bank of China will guide banks to boost lending to support industrial upgrading and maintain adequate liquidity for industrial structural...

  • BEIJING, Feb 16- China's central bank issued a slew of measures on Tuesday to support steady growth of industries as the economic slowdown weighed on a spectrum of sectors. The People's Bank of China will guide steady growth in credit and money supply and use various tools to maintain adequate liquidity, it said in a document jointly issued with seven other top...

  • BEIJING, Feb 16- Chinese banks armed with fresh lending quotas extended a record 2.51 trillion yuan of new loans in January, far more than markets had expected, suggesting Beijing is keeping monetary policy loose to counter a protracted economic slowdown. "Chinese banks expanded their balance sheet aggressively in the first month of this year, which implies...

  • BEIJING, Feb 16- Chinese banks extended a record 2.51 trillion yuan of new loans in January, well above expectations, while growth in money supply quickened to a 19- month high, suggesting Beijing is keeping monetary policy loose to counter a prolonged economic slowdown. "Chinese banks expanded their balance sheet aggressively in the first month of this year,...

  • BEIJING, Feb 16- Chinese banks extended record high of 2.51 trillion yuan of new loans in January, well above market expectations, while growth in broad money supply also quickened to 19- month high, central bank data showed on Tuesday. "Chinese banks expanded their balance sheet aggressively in the first month of this year, which implies that an implicit support...

  • BEIJING, 16- Chinese banks extended 2.51 trillion yuan in net new yuan loans in January, far above analysts' expectations and December's 597.8 billion yuan. The central bank said on Tuesday that broad M2 money supply grew 14 percent from a year earlier, also beating forecasts. Outstanding yuan loans grew 15.3 percent by month-end on an annual basis.

  • SHANGHAI, Feb 5- In the weeks leading up to the traditional Lunar New Year liquidity squeeze, China's central bank has been busy testing its new "interest rate corridor", a tool that could help reduce the need for deeper monetary policy easing. The People's Bank of China late last year introduced a new band to guide interest rates on loans and deposits, abolishing...

  • *China shares fall after loan, M2 data miss expectations. European markets were also set for indecisive trading, with financial spreadbetters' predictions ranging from gains of as much as 0.3 percent to losses of 0.2 percent at the open for Britain's FTSE 100, Germany's DAX and France's CAC 40.. The collapse in oil prices has spooked financial markets as...

  • *Dec new loans at 597.8 bln yuan, vs f'cast 700 bln yuan. BEIJING Jan 15- China's bank lending slowed in December but companies raised more credit via bonds and shadow banking channels, raising questions over the quality of borrowing in the face of weak demand and deflationary pressure. A broader measure of credit- total social financing- jumped to 1.82 trillion...

  • *China shares fall after loan, M2 data miss expectations. TOKYO/ SINGAPORE, Jan 15- Asian stocks surrendered earlier gains to hit 3-1/ 2- year lows on Friday as renewed pressure on oil prices and disappointing Chinese data kept investors on edge. The collapse in oil prices has spooked financial markets as investors worried about the health of the global economy,...

  • *Dec new loans at 597.8 bln yuan, vs f'cast 700 bln yuan. BEIJING Jan 15- Chinese banks extended a weaker-than-expected 597.8 billion yuan of new loans in December, down from 708.9 billion in November, and adding to worries that the economy started 2016 on a weaker footing. Total social financing, a homegrown measurement of total credit issuance in China, was 1.82...

  • BEIJING, Jan 15- Chinese banks extended 597.8 billion yuan in net new yuan loans in December, well below the previous month's lending of 708.9 billion yuan, disappointing analyst expectations. The central bank said the broad M2 money supply grew at 13.3 percent from a year earlier, slightly missing forecasts. Outstanding yuan loans grew at 14.3 percent by...

  • Recently struck pennies in a bin at the U.S. Mint in Philadelphia.

    The penny has outlived its usefulness and should be eliminated, former U.S. Mint director Philip Diehl said.