Central Bank: Renminbi does not have a comprehensive depreciation two -way fluctuations.

On the afternoon of September 5th, the State Council's Journalism Office held a routine briefing meeting of the State Council to introduce the continuation policies and measures for the stability of the economy's policies, and answered the reporter's question.

According to Liu Guoqiang, deputy governor of the People's Bank of China, recently, the United States has been adjusted by the US dollar. The US dollar has appreciated by 14.6%since this year. In the context of the appreciation of the US dollar, other reserve currencies in SDR baskets have depreciated sharply on the US dollar. %, But the depreciation is the smallest compared with other non -US dollar currencies. For example, from January to August, the euro depreciated by 12%, the pound depreciated by 14%, the yen depreciated 17%, and the renminbi depreciated by 8%. The depreciation of the renminbi is relatively small, and in the SDR basket, in addition to the depreciation of the US dollar, the RMB is appreciated with non -US dollar currency. In the SDR currency basket, a basic situation is that the US dollar appreciates and the RMB has also appreciated, but the appreciation of the US dollar appreciation is greater. Therefore, the renminbi did not have a comprehensive depreciation.

In the future, the recognition of the RMB will continue to increase, which is a long -term trend. However, this should be like this in the short term. Both directional fluctuations are normal, with two -way fluctuations, and there will be no "unilateral cities", but the point of the exchange rate is not allowed. Do not bet on a certain point. Reasonable and balanced, basic stability is well -known, with strength support.

In the next step, we will adhere to the stable monetary policy, effectively and effective use of policy tools, take into account the relationship between stable growth, employment and stability, and cope with various risks and challenges.

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