It is of great significance to the stability of people's lives.

② It is of great significance to the sustained, rapid and healthy development of the national economy.

③ It is of great significance to world financial stability and economic development.

The basic stability of RMB value is to keep the overall price level stable internally and the RMB exchange rate stable externally. The stability of RMB value is of great significance to the stability of people's lives, the sound and rapid development of national economy, the stability of world finance and economic development.

Extended data

July 2, 20051:The People's Bank of China officially announced that it would cancel the previous monetary policy of pegging to the single dollar and start to implement a floating exchange rate system based on market supply and demand and adjusted with reference to a basket of currencies. On the same day, the official exchange rate of the US dollar against RMB was adjusted from 8.27 to 8. 1 1, and the RMB rose by about 2. 1%.

065438+20071October1:RMB broke through the 7.80 mark against the US dollar, surpassing Hong Kong dollars for the first time since 1994.

May 2, 20071:The People's Bank of China decided to expand the floating range of RMB against the US dollar in the inter-bank spot foreign exchange market from 0.3% to 0.5%.

April 2008 10: The central parity of RMB against the US dollar exceeded 7.00.

Mid-2008 to 20 10: RMB has appreciated by 19% since the exchange rate reform in 2005, but it stopped appreciating in 2008 due to the financial crisis in the United States. At the same time, after the crisis broke out, the RMB began to keep a close eye on the US dollar.

201June 19: The People's Bank of China announced that it would restart the exchange rate system frozen since the financial crisis, further promote the reform of RMB exchange rate formation mechanism and enhance RMB exchange rate flexibility.