PBOC: Further Foreign Exchange Data Reporting to IMF Starting in 2027

36Kr reports that the People's Bank of China has released its policy stance on the RMB exchange rate. Regarding China's exchange rate regime, the central bank emphasized enhancing transparency in exchange rate policies. Since 2016, China has adhered to the IMF's Special Data Dissemination Standard (SDDS), publishing balance of payments and related foreign exchange data according to higher international standards, continuously expanding the dimensions and frequency of reported data. Responding actively to initiatives from international organizations, China will further report foreign exchange-related data to the IMF starting in 2027.