China News Service, September 5. According to the central bank's news on the 5th, in order to improve the ability of financial institutions to use foreign exchange funds, the People's Bank of China has decided to reduce the foreign exchange deposit reserve ratio of financial institutions by 2 percentage points from September 15, 2022, namely The foreign exchange deposit reserve ratio was lowered from the current 8% to 6%.

(Zhongxin Finance)

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