On the date, the central parity rate of the RMB against the US dollar was reported at ., down basis points. The previous trading day's central parity rate was ., the onshore RMB closing price was ., and the overnight closing price was ..

At the press conference held by the State Council Information Office on the same day, Li Hongyan, Deputy Director of the State Administration of Foreign Exchange, stated that the RMB exchange rate has remained basically stable with two-way fluctuations. Since the beginning of this year, the onshore RMB exchange rate against the US dollar has generally depreciated slightly by %. There have been certain periods of decline and rise, which align with changes in the internal and external environment.

At the same time, Li Hongyan stated that under the market-oriented formation mechanism, it is normal for the RMB to appreciate and depreciate, and to fluctuate bidirectionally. Compared to other currencies, the RMB's performance in the global foreign exchange market is relatively stable, and the fluctuations in the RMB exchange rate are both normal and moderate.

Since the beginning of this year, the US dollar index has risen by .%, while the euro and the yen have depreciated against the US dollar by .% and .%, respectively. The emerging market currency index has fallen by .%. Additionally, China's foreign exchange market has maintained rational and orderly expectations and transactions, with the overall balance of international payments remaining fundamentally stable.

In the first half of this year, China's current account surplus was $XX billion, accounting for XX% of the GDP over the same period, continuing to remain within a reasonable and balanced range. Overall, the maturity and intrinsic resilience of China's foreign exchange market have been continuously enhanced, and its ability to withstand changes in the external environment has significantly improved, providing strong support for the overall stability of foreign exchange receipts and payments since the beginning of the year.

Li Hongyan stated that due to the basic stability of the RMB exchange rate, its impact on imports and exports is relatively mild. Currently, the resilience of China's foreign exchange market is steadily improving, which helps to adapt to and mitigate the impact of changes in the external environment.

The proportion of enterprises conducting foreign exchange hedging this year has reached %, and the proportion of RMB cross-border use under goods trade has reached %, both at historically high levels. These positive changes at both macro and micro levels have mitigated the impact of foreign exchange market volatility on enterprises, contributing to more rational market expectations and transactions.

The State Administration of Foreign Exchange stated that it will continuously monitor and assess the international economic and financial situation and the monetary policy trends of major developed economies, enrich the policy toolkit, and timely carry out counter-cyclical macro-prudential adjustments to effectively maintain the stable operation of the foreign exchange market.