State Administration of Foreign Exchange Party Group: Maintain the basic stability of the RMB exchange rate at a reasonable and balanced level

Golden Finance reports that recently, Zhu Hexin, Secretary of the Party Leadership Group and Director of the State Administration of Foreign Exchange, presided over a Party Leadership Group (Expanded) Meeting to convey and study the spirit of the Central Economic Work Conference. The meeting emphasized that 2026 is the first year of the “14th Five-Year Plan,” and doing a good job in economic work is of great significance. It is important to maintain the stable operation of the foreign exchange market. Persist in safeguarding the bottom line, strengthen macroprudential management and expectation guidance in the foreign exchange market, keep the RMB exchange rate basically stable at a reasonable and balanced level, and maintain the basic balance of international payments.