Financials Oct 22, 2021 10:49 AM (GMT+8) · EqualOcean
Financial Associated Press, October 22 - Wang Chunying, deputy director of the State Administration of foreign exchange and spokesman, said at the press conference of the state information office that the anti risk ability of China's foreign exchange market has been significantly enhanced compared with the past. This round of monetary policy adjustment of the Federal Reserve will not change the pattern of China's basic balance of payments or the basic stability of the RMB exchange rate. At present, the market has fully expected the fed to reduce its bond purchase path; China's macro fundamentals are sound, the foreign exchange market is becoming more and more mature, the foreign debt structure is constantly optimized, and its ability to resist external shocks is significantly enhanced.

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