The People's Bank of China Lowered The Foreign Exchange Reserve Requirement Ratio

NANTONG,CHINA - SEPTEMBER 1, 2023 - A bank employee counts U.S. dollars in Nantong, Jiangsu Province, China, Sept. 1, 2023. The People's Bank of China has decided to reduce the foreign exchange reserve requirement ratio for financial institutions by 2 percentage points from September 15, 2023, that is, the foreign exchange reserve requirement ratio will be reduced from the current 6% to 4%.

• Product Code
• ILEA001666545

• Registered date
• 2023/9/01 00:00:00

• Credit
• CFOTO / Kyodo News Images

• Media source
• CFOTO

• Media size
• 4928 × 3280 pixel

• Resolution
• 300 dpi

• Deployment size
• 1.81(MB)*

• Special instruction
• China Out
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