Depending on its macro-economic objectives, the PBC could intervene in the forex open market in order to regulate market supply and demand, and maintain the stability of the RMB exchange rate.

• 中国人民银行根据宏观经济政策目标，可以通过外汇公开市场进行必要的干预，以调节市场供求，保持人民币汇率的稳定。