Central Bank: Foreign exchange deposit reserve ratio is lowered from the current 8%to 6%
Author:China Economic Network Time:2022.09.05
China Economic Net, Beijing, September 5th. According to the central bank's WeChat account, in order to enhance the ability of foreign exchange funds for financial institutions, the People's Bank of China has decided that since September 15, 2022, the foreign exchange deposit reserve ratio of financial institutions has been reduced by 2 percentage points of 2 percentage points, That is, the foreign exchange deposit reserve ratio is reduced from the current 8%to 6%.
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