The People's Bank of China raises the foreign exchange deposit reserve ratio for financial institutions to 6%
2026-11-15 09:10:43
According to CoinMeta, the People's Bank of China announced that starting from today, the foreign exchange deposit reserve ratio for financial institutions will be increased from the current 4% to 6%. This increase is aimed at promoting a balance between supply and demand in the foreign exchange market and breaking the self-fulfilling prophecy of RMB appreciation.
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