Liu Guoqiang, deputy governor of the People's Bank of China, answered reporters on the 23rd on the 23rd on the RMB exchange rate question. At present, the Chinese foreign exchange market is independently balanced, the RMB exchange rate is determined by the market, and the exchange rate is expected to be stable.The trend of the RMB exchange rate in the future will continue to depend on market supply and demand and international financial market changes, and two -way fluctuations will become the norm.
According to the China News Agency, Liu Guoqiang said that since this year, the RMB exchange rate has risen and downgraded in two -way, which has maintained basic stability at a reasonable balance.
After a short depreciation of the RMB at the beginning of this year, the RMB has restarted the trend of fluctuation appreciation.As of May 21, the intermediate price of the RMB to the US dollar was reported at 6.4300, which was raised by 164 basis points from the previous trading day.
Liu Guoqiang pointed out that the People's Bank of China has improved the floating exchange rate system based on market supply and demand, reference to a basket of currency, and management. This system is suitable for China's exchange rate system in the current and future periods.The People's Bank of China will focus on expected guidance, give full play to the role of an automatic stabilizer of the macroeconomic and international revenue and expenditure, and maintain the basic stability of the RMB exchange rate at a reasonable and balanced level.
The State Council of the State Council of the State Council has previously held a meeting to further promote the market -oriented reform of interest rate exchange rates, and maintain the basic stability of the RMB exchange rate at a reasonable and balanced level.
