BizDataDive: How China's central bank views the RMB exchange rate

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The People's Bank of China highlighted on Thursday that its RMB exchange rate policy is a market-based managed floating regime referencing a basket of currencies. China's trade growth is driven by its growing industrial competitiveness in the global market, not currency devaluation, said the central bank.

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BizDataDive: How China's central bank views the RMB exchange rate

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