EconomyChina says market forces will remain decisive in setting RMB exchange rate
The People’s Bank of China said the country remains committed to letting market forces play a decisive role in setting the RMB exchange rate under a managed floating regime. It denied seeking competitive advantage through devaluation and said China would continue changing its growth model, expanding domestic demand and opening up.
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China News Service★★★☆☆2026-10-09 01:18Original
China says market forces will remain decisive in setting RMB exchange rate