Announcement
03 Aug 2018
August 3rd, 2018 - The Chinese central bank announced it would be reintroducing a foreign exchange reserve requirement.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
06 Aug 2018
Revocation date:
No revocation date
Updated: 03 Aug 2018
Controls on commercial transactions and investment instruments
In force
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, pleas...
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