EconomyPBOC looks to check yuan's appreciation, guard against economic headwindsThe increased reserve ratio aims to strengthen foreign exchange liquidity management for financial institutions, according to the People's Bank of China. (Photo by Tomoki Mera)KENTARO SHIOZAKINovember 16, 2026 06:51 JSTBEIJING -- The People's Bank of China raised the foreign exchange reserve requirement ratio for financial institutions to 6% from 4% on Sunday, aiming to curb yuan appreciation that could dampen exports.