远期售汇业务外汇风险准备金率降至0

Core Viewpoint - The People's Bank of China (PBOC) has decided to lower the foreign exchange risk reserve ratio for forward foreign exchange sales from 20% to 0% effective March 2, 2026, to promote the development of the foreign exchange market and support enterprises in managing exchange rate risks [1][2]. Group 1 - The adjustment is a response to the previous increase in the foreign exchange risk reserve ratio to 20% in September 2022 [1]. - The reduction is expected to lower the cost of forward foreign exchange purchases for enterprises, thereby enhancing their willingness to engage in foreign exchange hedging [2]. - The PBOC aims to guide financial institutions in optimizing exchange rate hedging services for enterprises and maintain the stability of the RMB at a reasonable and balanced level [2].