In a recently published statement, China’s Central Bank said that the decision to raise the reserve requirements for forex settlements was aimed at fending off financial risks and promoting stable operations of financial institutions, as reported by Reuters. PBOC further added: “Raising reserve requirements is a transparent, non-discriminatory, price-based counter-cyclical macro-prudential policy tool.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZD/USD: Stuck in a sideways range – Westpac FX Street 5 years In a recently published statement, China's Central Bank said that the decision to raise the reserve requirements for forex settlements was aimed at fending off financial risks and promoting stable operations of financial institutions, as reported by Reuters. PBOC further added: "Raising reserve requirements is a transparent, non-discriminatory, price-based counter-cyclical macro-prudential policy tool." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
