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Kremlin: Russia will discuss trade settlement with BRICS+ partners using digital currencies at the India summit.
2026-09-10
Kremlin: Russia will discuss trade settlement with BRICS+ partners using digital currencies at the India summit.
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2026-09-10
The PBOC conducted a 7-day reverse repo of 30 billion yuan; with no reverse repo maturities today, the operation represented a net injection of 30 billion yuan into money markets.
The PBOC conducted a 7-day reverse repo of 30 billion yuan; with no reverse repo maturities today, the operation represented a net injection of 30 billion yuan into money markets.
2026-09-10
At a Sept. 10 press briefing, PBOC Vice Governor Lu Lei said monetary stability and financial stability remain the central bank’s core objectives and require an efficient, stable dual-pillar framework of monetary policy and macroprudential management
At a Sept. 10 press briefing, PBOC Vice Governor Lu Lei said monetary stability and financial stability remain the central bank’s core objectives and require an efficient, stable dual-pillar framework of monetary policy and macroprudential management. He called for a scientific, robust monetary policy system and a comprehensive macroprudential framework, using countercyclical and cross-cycle tools to keep total social financing and money-supply growth aligned with economic growth and price expectations. Lu urged improvement of market-based interest-rate formation, regulation and transmission, said the market should play the decisive role in exchange-rate formation and advocated greater renminbi flexibility while keeping the currency basically stable at a reasonable and balanced level. He also flagged plans to expand central bank macroprudential and financial-stability functions, broaden macroprudential coverage, enrich tools, strengthen monitoring and evaluation, and bolster the financial-stability framework to address risks in key areas.
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