China Central Bank

The Nepal Rastra Bank, the central bank of Nepal, has awarded to a Chinese company the contract to print new 100-rupee notes featuring the revised political map of the country.

The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...

The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...

China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.

A former senior official at China's central bank has been sentenced to more than 16 years in prison for corruption, Chinese media reported on Thursday.

Standard Chartered China has become the latest bank that has joined China’s CBDC pilot. This means that Standard Chartered Bank in the Asian nation will now allow its users to access the digital version of the Chinese Yuan.

Chinese President Xi Jinping made his first known visit to the nation's central bank since he became president a decade ago, two sources with knowledge of the matter said, as China's economy and financial markets grapple with headwinds.

China's central bank on Monday cut a key interest rate in an attempt to counter the post-Covid growth slowdown in the world's second-largest economy.

The RBI, in order to accelerate number of CBDC transactions, is reportedly giving targets to banks to facilitate a minimum number of transactions in the form of the eRupee. Under RBI’s directions, Indian banks will now do their bit to ensure that select users get to process eRupee transactions for daily purchases.

Receptivity to CBDCs is significantly high among the younger generations of India and China among other regions of the Asia-Pacific region, the latest survey report by the CFA Institute said. The report further noted that 42 percent of its global respondents were in favour of central banks launching CBDCs.

Finance Minister Nirmala Sitharaman today met her Chinese counterpart Liu Kun and discussed various deliverables under G20 India Presidency, including strengthening Multilateral Development Banks and global debt vulnerabilities.

Fan, 59, is the highest-ranking official at the People's Bank of China to be arrested under President Xi Jinping's anti-graft drive in the past decade, in a campaign aimed at weeding out corrupt officials in the financial sector.

The Taliban's acting governor of the Afghan central bank met China's ambassador this week to discuss banking relations and business, the bank's spokesperson told Reuters on Friday.

China retained its central bank chief Sunday in a surprise move, as the country focuses on fighting economic headwinds. Yi Gang was confirmed as governor of the People's Bank of China, against expectations that retirement-age Yi would step down.

Pakistan's all-weather ally China has approved a loan of USD 700 million and the funds will be transferred to the central bank this week, Finance Minister Ishaq Dar announced today as the cash-strapped country tried to avert a financial crisis.

The Nepal Rastra Bank, the central bank of Nepal, has awarded to a Chinese company the contract to print new 100-rupee notes featuring the revised political map of the country.

The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...

The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...

China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.

A former senior official at China's central bank has been sentenced to more than 16 years in prison for corruption, Chinese media reported on Thursday.

Standard Chartered China has become the latest bank that has joined China’s CBDC pilot. This means that Standard Chartered Bank in the Asian nation will now allow its users to access the digital version of the Chinese Yuan.

Chinese President Xi Jinping made his first known visit to the nation's central bank since he became president a decade ago, two sources with knowledge of the matter said, as China's economy and financial markets grapple with headwinds.

China's central bank on Monday cut a key interest rate in an attempt to counter the post-Covid growth slowdown in the world's second-largest economy.

The RBI, in order to accelerate number of CBDC transactions, is reportedly giving targets to banks to facilitate a minimum number of transactions in the form of the eRupee. Under RBI’s directions, Indian banks will now do their bit to ensure that select users get to process eRupee transactions for daily purchases.

Receptivity to CBDCs is significantly high among the younger generations of India and China among other regions of the Asia-Pacific region, the latest survey report by the CFA Institute said. The report further noted that 42 percent of its global respondents were in favour of central banks launching CBDCs.

Finance Minister Nirmala Sitharaman today met her Chinese counterpart Liu Kun and discussed various deliverables under G20 India Presidency, including strengthening Multilateral Development Banks and global debt vulnerabilities.

Fan, 59, is the highest-ranking official at the People's Bank of China to be arrested under President Xi Jinping's anti-graft drive in the past decade, in a campaign aimed at weeding out corrupt officials in the financial sector.

The Taliban's acting governor of the Afghan central bank met China's ambassador this week to discuss banking relations and business, the bank's spokesperson told Reuters on Friday.

China retained its central bank chief Sunday in a surprise move, as the country focuses on fighting economic headwinds. Yi Gang was confirmed as governor of the People's Bank of China, against expectations that retirement-age Yi would step down.

Pakistan's all-weather ally China has approved a loan of USD 700 million and the funds will be transferred to the central bank this week, Finance Minister Ishaq Dar announced today as the cash-strapped country tried to avert a financial crisis.