EconomyChina’s central bank to raise reserve requirement ratio on foreign-exchange deposits by 2 points
The People’s Bank of China said Tuesday it will raise the reserve requirement ratio on foreign-exchange deposits by 2 percentage points to 6%, effective November 15. It said the move is intended to strengthen liquidity management at financial institutions.
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South China Morning Post★★★☆☆2026-11-03 01:13Original
China’s central bank to raise reserve requirement ratio on foreign-exchange deposits by 2 points
Economy