State Administration of Foreign Exchange: Maintain the basic stability of the RMB exchange rate at a reasonable equilibrium level
2025-10-24 12:01:57
On October 24th, the Party Group of the State Administration of Foreign Exchange conveyed and studied the spirit of the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China. The meeting emphasized that the foreign exchange market is stable and the national economic and financial security. Strengthen the two-in-one management of "macro-prudential + micro-supervision" in the foreign exchange market, improve the monitoring and early warning system for cross-border capital flows, maintain the basic stability of the RMB exchange rate at a reasonable and balanced level, strengthen the full coverage of supervision in the foreign exchange field, and severely crack down on illegal and illegal activities in the foreign exchange field. Improve the operation and management of foreign exchange reserves with Chinese characteristics, and ensure
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
