The reserve requirement ratio will be reduced to 4 percent from the current 6 percent, the People's Bank of China said in a short notice on its website.
The move aims to improve the capacity of financial institutions to use forex funds, according to the notice.
 
                 
                                
 
            
         
            
         
                
             
     
							 
			 
			 
                             
                         
                         
                         
                         
                         
                    
 
         
               
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