{"id":29230,"date":"2021-12-09T13:41:59","date_gmt":"2021-12-09T13:41:59","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=29230"},"modified":"2021-12-09T13:41:59","modified_gmt":"2021-12-09T13:41:59","slug":"us-dollar-yuan-exchange-rate-china-ups-forex-deposit-reserve-requirement-ratio-in-bid-to-curb-currency-rallyunited-states-canada-south-china-morning-post","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=29230","title":{"rendered":"US dollar-yuan exchange rate: China ups forex deposit reserve requirement ratio in bid to curb currency rallyUnited States &amp; Canada &#8211; South China Morning Post"},"content":{"rendered":"<p>Source: United States &amp; Canada &#8211; South China Morning PostChina\u2019s central bank announced late on Thursday that it will raise the reserve requirement ratio for banks\u2019 foreign exchange deposits for the second time this year in Beijing\u2019s latest move to curb the yuan\u2019s rally against the US dollar.The People\u2019s Bank of China (PBOC) said it will increase the ratio from 7 per cent to 9 per cent from Wednesday next week \u201cto strengthen foreign exchange liquidity management of financial institutions\u201d.The move comes amid the yuan\u2019s recent strong gains against the\u2026<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3159115\/us-dollar-yuan-exchange-rate-china-ups-forex-deposit-reserve?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: United States &amp; Canada &#8211; South China Morning PostChina\u2019s central bank announced late on Thursday that it will raise the reserve requirement ratio for banks\u2019 foreign exchange deposits for&hellip; <\/p>\n","protected":false},"author":0,"featured_media":29231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/29230"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29230"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/29230\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/29231"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29230"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}