Core Viewpoint - The People's Bank of China emphasizes the importance of monitoring cross-border capital flows and maintaining the stability of the RMB exchange rate in its monetary policy report for Q2 2025 [1] Group 1: Monetary Policy Measures - The report highlights the need for comprehensive measures to enhance the resilience of the foreign exchange market and stabilize market expectations [1] - It stresses the importance of preventing excessive fluctuations in the exchange rate while keeping the RMB at a reasonable and balanced level [1] Group 2: Risk Management - The central bank encourages enterprises and financial institutions to adopt a "risk-neutral" mindset [1] - Financial institutions are guided to provide exchange rate hedging services to small and medium-sized enterprises based on actual needs and risk-neutral principles [1] - The aim is to create a stable exchange rate environment for the real economy [1]
央行：增强外汇市场韧性 稳定市场预期防范汇率超调风险
Zheng Quan Shi Bao Wang·2025-08-15 10:14