China cuts forex reserve requirement ratio in bid to support tumbling yuan ...Middle East

Financial institutions will need to hold 6% of their foreign-currency deposits in reserves starting from Sept. 15, the PBOC said in a statement on Monday-- lower than the current level of 8%

Read More Details
Finally We wish PressBee provided you with enough information of ( China cuts forex reserve requirement ratio in bid to support tumbling yuan )

Also on site :

• Wall Street Futures Edge Higher After S&P 500 Sets All-Time High
• Canada rescinds Digital Services Tax after Trump cuts off U.S. trade talks
• GOP tax bill: 11.8M more uninsured, $1.1T in health cuts