Tuttiquotidiani is completely free. Every day we aggregate news from 100+ sources and generate original AI summaries for you. Help us keep the service running with a small donation, or become TQ Pro for just €1/month.

Donate now TQ Pro - 1€/mo

PBOC: Market decides yuan's exchange rate

Posted on October 8, 2026
By The China Daily
0 Views
1 min read

In brief

Generating AI summary…

PBOC: Market decides yuan's exchange rate

Market forces play a decisive role in determining the renminbi exchange rate, while there is no straightforward relationship between exchange rate and current account, the People's Bank of China said on Thursday.