The People's Bank of China expects the renminbi's exchange rate to maintain a pattern of two-way movement in the period ahead.
This outlook was conveyed by Zou Lan, a spokesperson for the central bank and its deputy governor, during a press conference held by the State Council Information Office on the 15th.
He noted that looking forward, the factors influencing the renminbi's exchange rate are diverse, encompassing both upward and downward pressures.
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