Business · Economy · 39 mins ago

Foreign-exchange reserve ratio for financial institutions rises to 6%

Foreign-exchange reserve ratio for financial institutions rises to 6%

The foreign-exchange deposit reserve ratio for financial institutions has risen to 6%.

The change takes effect today.

The notice concerns financial institutions’ foreign-currency deposits.

It gives no further details about the reason for the increase.

It also does not say what effect the change is expected to have.

No further steps are specified.

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