Beijing, September 5 (Xinhua) - The Central Bank of China said Monday that it will reduce the relationship of Forex reserve requirements for financial institutions by 2 percentage points from September 15. P>
The reserve requirement ratio will be reduced to 6 percent of the current 8 percent, said the Popular Bank of China in low advance on its website.
The movement aims to improve the ability of financial institutions to use Forex funds, according to the notice. ENTEM
Hong Kong, September 8 (Xinhua) - The Government of the special administrative region of Hong Kong (Hksar) welcomed Thursday that the Canada Fraser I
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