By Peter OBIORA InvestAdvocate Lagos INVESTADVOCATE)- The International Finance Corporation (IFC) a member of the World Bank Group, Thursday said it will invest about $2.0 billion (12 billion yuan) in China’s interbank bond market. This is coming on the heels of an agreement between the IFC and People’s Bank of […]
Tag: People’s Bank of China
ECONOMIST: ‘Why The Chinese Central Bank Is Doing More Harm Than Good’
Chinese interbank rates, or the rates at which banks lend to each other, have been rising since before the Dragon Boat festival earlier this month. A statement from the People’s Bank of China on Monday suggests that policymakers are serious about reform and are willing to take on short term […]
