{
  "id": 17890301,
  "title": "PBOC to raise reserve requirement ratio on foreign exchange deposits by 2 percentage points",
  "url": "https://urgent.news/2026/11/03/pboc-to-raise-reserve-requirement-ratio-on-foreign-exchange-deposits",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T01:13:12.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/article/3373053/pboc-raise-reserve-requirement-ratio-foreign-exchange-deposits-2-percentage-points"
  },
  "original_language": "en",
  "account": null,
  "summary": "The People’s Bank of China (PBOC) announced on Tuesday that it would raise the reserve requirement ratio on foreign exchange deposits by 2 percentage points. The ratio would be 6 per cent, effective November 15, the central bank said in a statement, calling it a move to strengthen liquidity management of financial institutions. The move, requiring banks to hold a larger share of their foreign…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Bloomberg",
        "title": "Offshore Yuan Weakens on PBOC’s Move to Raise FX Reserve Ratio",
        "url": "https://urgent.news/2026/11/03/offshore-yuan-weakens-on-pbocs-move-to-raise-fx-reserve-ratio",
        "published": "2026-11-03T01:06:15.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}