Spokesperson of the People´s Bank of
China Answers Questions on Further Reforming the RMB Exchange Rate Regime
In
view of the economic and financial development in China and abroad, particularly China´s Balance of Payments (BOP)
situation, the People´s Bank of China (PBC) has decided to further reform the
RMB exchange rate regime and increase the RMB exchange rate flexibility. The
following is the PBC spokesperson´s interview with the press.