Central Bank: The supply and demand in the foreign exchange market is basically balanced, and the exchange rate of the Renminbi is maintaining basic stability at a reasonable and balanced level.

Sina Finance reported on March 31st that the Monetary Policy Committee of the People's Bank of China held its first quarter meeting for 2026 on March 26th. The meeting concluded that macroeconomic policies have been more proactive this year, with monetary policy remaining moderately loose, strengthening counter-cyclical and cross-cyclical adjustments, and comprehensively utilizing various monetary policy tools to create a suitable monetary and financial environment for the economy to continue to improve and optimize. The effectiveness of the reform of loan market quoted interest rates continues to release, the market-oriented adjustment mechanism for deposit rates plays an effective role, the efficiency of monetary policy transmission is enhanced, and the cost of social financing is at a historically low level. The supply and demand in the foreign exchange market is basically balanced, the Renminbi exchange rate fluctuates bidirectionally, and remains basically stable at a reasonable and balanced level. The overall operation of the financial markets is stable.