China remains committed to letting market play decisive role in determining exchange rate: central bank2026/10/8 18:53:00(Beijing Time) Lange Steel
BEIJING -- China remains committed to letting market forces play a decisive role in determining the RMB exchange rate, the country's central bank said on Thursday.
The People's Bank of China stressed in a statement outlining its view on the RMB exchange rate that the country adopts a managed floating exchange rate regime based on market supply and demand with reference to a basket of currencies.
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