China raises FX reserve ratio to 6%
CNYPBOC
Statements (5)
- Neutral
China increased its foreign exchange deposit reserve ratio to 6%.
- Neutral
The People's Bank of China increased the foreign-exchange reserve requirement ratio for financial institutions by 2 percentage points to 6%
- Neutral
China increased its foreign exchange deposit reserve ratio to 6%.
- Bearish
The yuan weakened against the dollar following the People's Bank of China's decision to raise the foreign exchange reserve ratio.
- Bearish
China's PBOC lifted the FX reserve ratio to 6%.