# China's forex reserve requirement hike takes effect

> China's central bank raised the foreign exchange reserve requirement ratio for financial institutions from 4% to 6%, effective Sunday. The move reduces the foreign currency available to lenders. It is intended to ease appreciation pressure on the renminbi and keep the exchange rate stable.

- Date: 2026-11-15 · published 2026-11-15T12:12:58.211Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/101137-china-s-forex-reserve-requirement-hike-takes-effect
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Tighter FX liquidity can cushion the yuan against appreciation, which may slightly ease the cost of dollar-priced grain and oilseed imports for China, though the effect on commodity prices is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2018-09-28 | [Fed rate hike has effect on forex trading in China - CGTN](https://feedsoft.ai/events/63268-fed-rate-hike-has-effect-on-forex-trading-in-china-cgtn.md) | -0.3% | +0.8% |
| USDCNY | 2019-07-29 | [Returns on forex reserves expected to remain stable - Chinadaily.com.cn](https://feedsoft.ai/events/58331-returns-on-forex-reserves-expected-to-remain-stable-chinadaily-com-cn.md) | +0.9% | +3.1% |
| USDCNY | 2017-12-05 | [Positive signs for China’s ability to rebuild foreign reserves \| ING THINK](https://feedsoft.ai/events/67712-positive-signs-for-china-s-ability-to-rebuild-foreign-reserves-ing-think.md) | -0.0% | -1.8% |
| USDCNY | 2020-10-11 | [Yuan off 17-month high after PBOC lowers forward reserve requirements \| The Sun Malaysia](https://feedsoft.ai/events/5559-yuan-off-17-month-high-after-pboc-lowers-forward-reserve-requirements-the-sun.md) | -0.2% | -1.0% |
| USDCNY | 2019-12-07 | [China's November foreign exchange reserves fall amid trade deal negotiations](https://feedsoft.ai/events/55803-china-s-november-foreign-exchange-reserves-fall-amid-trade-deal-negotiations.md) | -0.6% | -1.3% |

## Sources

- chinadailyhk.com: https://www.chinadailyhk.com/hk/article/642710

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.