The People's Bank of China (PBOC) has underscored the importance of maintaining the stability of the RMB exchange rate in 2026. Zhu Hexin from the State Administration of Foreign Exchange (SAFE) emphasized the need for a balanced and reasonable exchange rate amidst evolving market conditions. This initiative is aimed at ensuring a stable foreign exchange market and balanced international payments.
Traders are encouraged to keep an eye on the fear and greed index for potential sentiment shifts. As macroeconomic factors influence the market, altcoins may experience volatility as investors adjust their positions in anticipation of the upcoming 15th Five-Year Plan.
PBOC Prioritizes RMB Exchange Rate Stability for 2026
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