Macro Finance
Offshore Yuan Weakens on PBOC’s Move to Raise FX Reserve Ratio
Bloomberg Markets·November 3, 2026·1 min read
The offshore yuan headed for its first decline in almost three weeks after the People's Bank of China said it will raise the foreign-exchange reserve requirement ratio from Nov. 15. The move signals tighter liquidity conditions as the central bank seeks to stabilize the currency, impacting traders and investors.
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