China's central bank to raise forex reserve requirement ratio for financial institutions-Xinhua

China's central bank to raise forex reserve requirement ratio for financial institutions

Source: Xinhua

Editor: huaxia

2026-11-03 09:05:00

BEIJING, Nov. 3 (Xinhua) -- The People's Bank of China, the central bank, said Tuesday it will raise the foreign exchange reserve requirement ratio for financial institutions by 2 percentage points to 6 percent from Nov. 15, in a move to strengthen the management of forex liquidity. ■