The central bank: Starting from March 2nd, the reserve requirement ratio for foreign exchange risk of forward sales of foreign exchange will be reduced to 0.

08:35 27/02/2026

In order to promote the development of the foreign exchange market and support enterprises in managing exchange rate risks, the People's Bank of China has decided to lower the foreign exchange risk reserve ratio for forward sales of foreign exchange from 20% to 0% starting from March 2, 2026.

On February 27, the People's Bank of China announced that, in order to promote the development of the foreign exchange market and support enterprises in managing exchange rate risks, it has decided to reduce the foreign exchange risk reserve ratio for forward exchange sales from 20% to 0 starting from March 2, 2026. Next, the People's Bank of China will continue to guide financial institutions to optimize their services for enterprise exchange rate hedging and maintain the basic stability of the renminbi exchange rate at a reasonable and equilibrium level. This article is selected from the official website of the People's Bank of China. Editor: Feng Qiuyi.

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