# PBOC reiterates market’s decisive role in RMB exchange-rate formation

https://mins.news/en/item/92611

- China News Service, 2026-10-09 03:19 UTC
- Economy
- Original: http://www.ecns.cn/cns-wire/2026-10-09/detail-ihfkxmcz6612548.shtml

> China’s central bank said Thursday that it remains committed to letting market forces play a decisive role in setting the RMB exchange rate. It described China’s system as a managed float based on market supply and demand and said the country has no intention of seeking a competitive advantage through currency depreciation.

## Stories

- [China’s Financial System and Economic Policy](https://mins.news/en/topic/china-financial-sector-and-economic-policy) — Markdown: https://mins.news/en/topic/china-financial-sector-and-economic-policy.md