The foreign exchange risk reserve is a reserve charged by the People's Bank of China to financial institutions that sell foreign exchange on behalf of customers in order to curb excessive fluctuations in the foreign exchange market. In essence, it is a price means, that is, by influencing the forward price of exchange rate, it regulates the forward purchase of foreign exchange. Since the exchange rate reform of 2015 "811",the foreign exchange risk reserve policy has undergone four adjustments with the change of the situation. The general rule is that when the expectation of RMB depreciation is strong, the foreign exchange risk reserve ratio will be raised; When the expectation of RMB appreciation is strong, the foreign exchange risk reserve ratio will be lowered. The core appeal of policy adjustment has always been countercyclical adjustment.

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Reply time: 2021-12-15. Please refer to the latest business changes announced by Ping An Bank in official website.