PBOC: Raise forex deposit reserve ratio for financial institutions by 2 percentage points starting November 15.
The People's Bank of China has decided to raise the foreign exchange deposit reserve ratio for financial institutions by 2 percentage points starting November 15, 2026, that is, to increase the foreign exchange deposit reserve ratio from the current 4% to 6%.
To strengthen the management of foreign exchange liquidity in financial institutions, the People's Bank of China has decided to raise the foreign exchange deposit reserve ratio for financial institutions by 2 percentage points starting November 15, 2026, that is, to increase the foreign exchange deposit reserve ratio from the current 4% to 6%.
This article is excerpted from the official website of the "PBOC" and edited by Jiang Yuanhua of GMTEight.
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