Central Bank: Lowers Reserve Requirement Ratio for Forward Foreign Exchange Sales

BlockBeats News, February 27th. The People's Bank of China announced that, to promote the development of the foreign exchange market and support enterprises in managing exchange rate risks, starting from March 2, 2026, the People's Bank of China has decided to reduce the foreign exchange risk reserve ratio for forward forex sales from 20% to 0.

Next, the People's Bank of China will continue to guide financial institutions to optimize their services for enterprise exchange rate hedging and maintain the basic stability of the RMB exchange rate at a reasonable and balanced level.