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.
Related Articles
State Administration of Foreign Exchange: As of the end of October 2026, China's foreign exchange reserves stood at US$3.4052 trillion.
Daly: High inflation has persisted for too long; the Fed may need to raise rates further.
France's fiscal crisis, EU political restructuring, and geopolitical conflicts are intertwined, and Europe may face a systemic test in 2027.
State Administration of Foreign Exchange: As of the end of October 2026, China's foreign exchange reserves stood at US$3.4052 trillion.
Daly: High inflation has persisted for too long; the Fed may need to raise rates further.
France's fiscal crisis, EU political restructuring, and geopolitical conflicts are intertwined, and Europe may face a systemic test in 2027.
