China's central bank raises forex reserve requirement ratio to 6% amid yuan's gains; move could help curb excessive market swing: expert
Published . Updated .
China's central bank, the People's Bank of China (PBC), announced on Tuesday that it will raise the foreign exchange reserve requirement ratio for financial institutions by 2 percentage points, from 4 percent to 6 percent, effective November 15, to strengthen foreign exchange
Directly affected
- No company is named in this report.
Indirectly affected
- UUP Invesco DB US Dollar Index Bullish Fund+2.2% 30d
Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “forex” (currencies) in this story.
- FXE Invesco CurrencyShares Euro Trust-0.4% 7d
Invesco CurrencyShares Euro Trust: it tracks currencies. Linked by “forex” (currencies) in this story.
- FXI iShares China Large-Cap ETF-5.0% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from China.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-1.9% 10d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in China
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.9% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from China.
- EEM iShares MSCI Emerging Markets ETF-0.0% 30d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes China
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| UUP | +0.47% | +0.21% | base | after close | after close | after close | after close |
| FXE | -0.35% | -0.24% | base | after close | after close | after close | after close |
| FXI | -2.20% | -1.54% | base | after close | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | after close | after close | after close | after close |
| EMB | +0.14% | +0.50% | base | after close | after close | after close | after close |
| EMLC | +0.39% | +0.39% | base | after close | after close | after close | after close |
| EEM | +2.27% | +2.65% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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China's central bank raises forex reserve requirement ratio to 6% amid yuan's gains; move could help curb excessive market swing: expert Global Times
Source: Global Times
The price since 3 Nov 2026: Invesco DB US Dollar Index Bullish Fund (UUP) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Wisdomtree Tr (CEW) | three days earlier | 0.00% | final price |
| Wisdomtree Tr (CEW) | five days earlier | 0.00% | final price |
| Ishares Tr (EEM) | three days earlier | +2.65% | final price |
| Ishares Tr (EEM) | five days earlier | +2.27% | final price |
| Ishares Tr (EMB) | three days earlier | +0.50% | final price |
| Ishares Tr (EMB) | five days earlier | +0.14% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | three days earlier | +0.39% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | five days earlier | +0.39% | final price |
| Invesco CurrencyShares Euro Trust (FXE) | three days earlier | -0.24% | final price |
| Invesco CurrencyShares Euro Trust (FXE) | five days earlier | -0.35% | final price |
| Ishares China Large-Cap Etf (FXI) | three days earlier | -1.54% | final price |
| Ishares China Large-Cap Etf (FXI) | five days earlier | -2.20% | final price |
| Invesco DB US Dollar Index Bullish Fund (UUP) | three days earlier | +0.21% | final price |
| Invesco DB US Dollar Index Bullish Fund (UUP) | five days earlier | +0.47% | final price |
Who gains and who loses around Invesco DB US Dollar Index Bullish Fund (UUP)
Companies tied to this story
- UUP Invesco DB US Dollar Index Bullish Fund
For “China's central bank raises forex reserve requirement ratio to 6% amid yuan's gains; move could help curb excessive market swing: expert,” Invesco DB US Dollar Index Bullish Fund (UUP) is linked, with no stored direction, medium confidence. Reason on file: Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “forex” (currencies) in this story
- FXE Invesco CurrencyShares Euro Trust
For “China's central bank raises forex reserve requirement ratio to 6% amid yuan's gains; move could help curb excessive market swing: expert,” Invesco CurrencyShares Euro Trust (FXE) is linked, with no stored direction, medium confidence. Reason on file: Invesco CurrencyShares Euro Trust: it tracks currencies. Linked by “forex” (currencies) in this story
- FXI Ishares China Large-Cap Etf
For “China's central bank raises forex reserve requirement ratio to 6% amid yuan's gains; move could help curb excessive market swing: expert,” Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence. Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)
- CEW Wisdomtree Tr
In “China's central bank raises forex reserve requirement ratio to 6% amid yuan's gains; move could help curb excessive market swing: expert,” Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence. Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from China
- EMB Ishares Tr
Ishares Tr (EMB) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “China's central bank raises forex reserve requirement ratio to 6% amid yuan's gains; move could help curb excessive market swing: expert.” Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in China
- EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf
In “China's central bank raises forex reserve requirement ratio to 6% amid yuan's gains; move could help curb excessive market swing: expert,” Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence. Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from China
- EEM Ishares Tr
In “China's central bank raises forex reserve requirement ratio to 6% amid yuan's gains; move could help curb excessive market swing: expert,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes China
Invesco DB US Dollar Index Bullish Fund (UUP)
The 3 Nov 2026 story “China's central bank raises forex reserve requirement ratio to 6% amid yuan's gains; move could help curb excessive market swing: expert” names Invesco DB US Dollar Index Bullish Fund (UUP) because of this story.
What ties Invesco DB US Dollar Index Bullish Fund (UUP) to the headline is this: Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “forex” (currencies) in this story
A second company, Invesco CurrencyShares Euro Trust (FXE), is listed for a different reason: Invesco CurrencyShares Euro Trust: it tracks currencies. Linked by “forex” (currencies) in this story
Dates in the story, and the Invesco DB US Dollar Index Bullish Fund (UUP) price range
FXE traded between 102.76 and 103.56 across 7 sessions. The latest close on file is 103.10. FXI traded between 32.14 and 34.36 across 20 sessions. The latest close on file is 33.13. UUP traded between 28.84 and 29.23 across 20 sessions. The latest close on file is 29.02.
How strong the case is around Invesco DB US Dollar Index Bullish Fund (UUP)
46 out of 100
“China's central bank raises forex reserve requirement ratio to 6% amid yuan's gains; move could help curb excessive market swing: expert” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.