The Monetary Policy Implementation Report of the People's Bank of China: Do a good job in monitoring and analyzing cross-border capital flows, adhere to bottom-line thinking, adopt comprehensive measures, stabilize expectations, enhance the resilience of the foreign exchange market, resolutely correct pro-cyclical market behavior, resolutely deal with behaviors that disrupt market order, resolutely guard against exchange rate overshoot risks, and maintain the basic stability of the RMB exchange rate at a reasonable and balanced level.
