PBoC raises FX reserve ratio to cool CNY appreciation
The People’s Bank of China raised the FX reserve requirement ratio after the yuan posted a 13-session winning streak. The move is described as counter-cyclical to preserve two-way flexibility in the currency.
Original · FXStreet AI summary of public reporting
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At publication → CurrentEUR1.123 → 1.124+0.1%
JPY158.34 → 158.340.0%