The People's Bank of China (PBOC), the country's central bank, announced on Monday that it would lower financial institutions' foreign exchange reserve requirement ratio (RRR) by 2 percentage points to 6 percent, to help financial institutions' ability to use foreign exchange funds.
https://m.21jingji.com/article/20220906/herald/7d4ec99393a65b3943a503bb5eeaad43.html
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