EconomyChina remains committed to market-led RMB exchange rate, central bank says

China will continue to let market forces play a decisive role in setting the RMB exchange rate, the People’s Bank of China said Thursday. It said the country operates a managed floating regime based on market supply and demand, with reference to a basket of currencies.

RMB exchange ratePeople’s Bank of Chinamanaged floating regime

CChina News Service★★★☆☆2026-10-09 05:52Original