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.
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.
Related Articles
Central Bank: The average daily trading volume of the two cities in January was 3,171.3 billion yuan, an increase of 61.8% compared to the previous month.
The central bank publishes the liquidity injection situation of various tools of the central bank in February.
Safe-haven currency Swiss Franc's rise is blocked: Swiss National Bank verbally intervenes, option bulls urgently cancel orders.
Central Bank: The average daily trading volume of the two cities in January was 3,171.3 billion yuan, an increase of 61.8% compared to the previous month.
The central bank publishes the liquidity injection situation of various tools of the central bank in February.
Safe-haven currency Swiss Franc's rise is blocked: Swiss National Bank verbally intervenes, option bulls urgently cancel orders.
RECOMMEND
