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Caixin Global
Caixin Global

The Week Ahead (March 2–8): China’s Two Sessions Set the Policy Agenda; Trump Meets Tech CEOs

China Donald Trump Apple PBOC Beijing

March 2: PBOC cuts forex risk reserve ratio

The People’s Bank of China will lower the foreign exchange risk reserve ratio for forward forex business to zero from 20%. The move eliminates the need for banks to deposit these non-interest-bearing funds, thereby reducing hedging costs for enterprises and encouraging better management of exchange rate risks.

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