The People's Bank of China issued an announcement and decided to expand the floating range of RMB against the US dollar in the foreign exchange market.

Since March 17, 2065438, the fluctuation range of RMB-USD exchange rate in the inter-bank spot foreign exchange market has been expanded from 1% to 2%, that is, the daily trading price of RMB-USD exchange rate in the inter-bank spot foreign exchange market can fluctuate within 2% of the central parity rate of RMB-USD announced by China Foreign Exchange Trading Center.