EconomyChina’s central bank to raise forex reserve requirement for financial institutions

The People’s Bank of China said Tuesday that it will raise financial institutions’ foreign exchange reserve requirement ratio by 2 percentage points to 6% starting November 15, aiming to strengthen management of forex liquidity.

People’s Bank of Chinaforex reserve requirementforex liquidity

CCGTN★★★☆☆2026-11-03 01:58Original