BeijingChina could theoretically withdraw $24 billion in foreign currency.
The yuan has gained more than 9% on the dollar since the start of last year.
The ratio rises from 4% to 6% on 15 November, its first increase since late 2021, leaving banks less foreign currency to trade.
The yuan stood at 6.667 per dollar on 3 November, unchanged over 7 days, 12 days before the rule starts.
How each outlet framed it
- caixinglobal.com
- sizes the reserve hike: 2pp on ~$1.2tn in forex deposits could pull about $24bn of FX liquidity; first hike since late 2021
Sources: caixinglobal.com