| 摘 要： | China announced the reform of its decade-old RMB exchange rate regime last July, linking the RMB to a basket of currencies rather than the U.S. dollar alone, and allowing the RMB to appreciate 2 percent against the U.S. currency. Since then, different viewpoints on the new regime have been voiced. The People's Bank of China, the central bank, said in a statement in late March that it would further improve the system, broadening the foreign exchange market, increasing the flexibility of the RMB exchange rate and maintaining the basic stability of the currency. In a recent interview with Caijing magazine, Wu Xiaoling, Deputy Governor of the People's Bank of China, talks about issues related to the RMB exchange rate. Her main ideas follow:
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