The value of the Chinese currency renminbi, or the yuan, weakened 55 basis points to 6.1506 against the U.S. dollar in its central parity on Wednesday, ending its sharp three-day rise.
The People's Bank of China (PBoC), the central bank, vowed to maintain continuity and stability of its monetary policy in a report released on Tuesday.
China's central bank injected short-term liquidity into the country's large commercial banks on Monday to ensure the stability of the country's monetary market ahead of the Spring Festival.
The Shanghai Pilot Free Trade Zone will come up with replicable financial measures within one year while strengthening management and control of financial risks, said a central bank official on Tuesday.
China's central bank on Friday announced the launch of Loan Prime Rate (LPR), a new benchmark lending rate for commercial banks designed to make interest rates more market-oriented.
Despite media reports about an interbank liquidity shortage, China's central bank on Wednesday said liquidity in the money market is adequate.
China's central bank on Tuesday injected liquidity into markets through six-day reverse repurchase agreements (repos) in an effort to meet rising cash demand during the upcoming week-long holiday.
China's central bank continued to inject liquidity into the banking system on Tuesday, with 12 billion yuan (1.96 billion U.S. dollars) of 7-day reverse repurchase agreement (repo) operations.
China's central government saw its fiscal revenue growth slow down in 2012 and may struggle to meet this year's target, according to a government report released on Thursday.
China's central bank on Tuesday stressed that the country is not short on liquidity and the current cash crunch in the interbank market will gradually ease.
China's key stock indices recorded the biggest daily loss in nearly four years on Monday over concerns about the liquidity crunch in the financial system and subdued strength in the world's second largest economy.
China's central region is still the ideal destination for industrial transfers due to the raft of advantages it offers companies, officials and business leaders have said at an expo here.
The excess global liquidity and subsequent capital arbitrage in the Chinese market have pushed up the yuan to new highs in recent tradings, analysts said.
Massive monetary stimulus taken by the major central banks is unlikely to ignite inflation as the inflation expectations have become more anchored than in the past and the response of inflation to changes in cyclical unemployment has become more muted, said the International Monetary Fund on Tuesday.
The Philippine currency is likely to continue the rising trend this year, even in the face of global currency wars, the country's central bank predicted on Sunday.
The Chinese authorities Thursday issued its first policy document for 2013, highlighting the significance of developing modern agriculture to strengthen the vitality of rural areas.
The deputy governor of China's central bank has warned of a possible currency war after Japan has joined the club to adopt unconventional steps to escape recession.
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