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NEWS: The PBOC raised its FX reserve requirement ratio from 5% to 7% – may not impact yuan rise June 01, 2021 at 01:58AM


Justin was all over the breaking news on this Monday:
Bank analysts with pretty much the same take in the hours that followed:
While this policy will lock in a certain amount of capital inflow and make foreign exchange funding costs higher, its effectiveness remains in doubt

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Search Web: The PBOC raised its FX reserve requirement ratio from 5% to 7% – may not impact yuan rise

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