Central Bank: From September 15th, lowered the foreign exchange deposit reserve ratio of financial institutions at 2 percentage points
Author:Economic Observer Time:2022.09.05
According to the central bank website, in order to improve the ability of foreign exchange funds for financial institutions, the People's Bank of China has decided that starting from September 15, 2022, the foreign exchange deposit reserve ratio of financial institutions has been reduced by 2 percentage points, that is, the foreign exchange deposit reserve ratio is 8%.Set down to 6%.
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