Interview: Li Ruogu

What is the objective of your reforms to the exchange rate system?

The goal of the reform of the renminbi exchange rate regime remains firm and clear, namely to improve the exchange rate mechanism and keep the exchange rate basically stable at an adaptive and equilibrium level. Provided an effective risk-control mechanism is put in place, restrictions on cross-border capital transactions will be relaxed in an orderly and sequenced manner so as to gradually move toward convertibility of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account