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Description
On August 3rd, 2018, the People's Bank of China announced the reintroduction of a 20% reserve requirement on foreign exchange forward sales. The policy had been in place from 2015-17, please see relat...
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Intervention Details
Intervention Type
Controls on commercial transactions and investment instruments
MAST Chapter
Capital control measures
Implementation date
06 Aug 2018
Revocation date
No revocation date
Implementation level
National
Affected flow
Outward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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