人民币汇率 the RMB exchange rate

人民币汇率the RMB exchange rate
China's central bank on Monday reiterated that it is confident in its capability of keeping the yuan's exchange rate basically stable after both the onshore and offshore yuan broke seven against the U.S. dollar. The People's Bank of China (PBOC) attributed the weakening of the currency beyond 7 yuan per U.S. dollar Monday to factors including unilateral and protectionist measures, as well as the expectation of additional tariffs on Chinese goods. The yuan remains strong and steady against a basket of currencies, said the bank.
周一，中国央行重申，在人民币兑美元在岸和离岸汇率均破七后，有信心保持人民币汇率基本稳定。

中国人民银行（PBOC）周一将人民币兑美元汇率跌破7元归因于单边和保护主义措施等因素，以及对中国商品加征关税的预期。

该行表示，人民币兑一篮子货币仍保持坚挺和稳定。

China will not engage in beggar-thy-neighbor currency devaluation. China will continue to improve the exchange rate formation mechanism of its currency, the renminbi, and keep the exchange rate generally stable on a reasonable and balanced level.
中国不搞以邻为壑的货币贬值。

中国将继续完善人民币汇率形成机制，保持汇率在合理均衡水平上总体稳定。

beggar-thy-neighbor
Beggar thy neighbor is a term for policies that a country enacts to address its economic woes that, in turn, actually worsens the economic problems of other countries. The term comes from the policy's impact, as it makes a beggar out of neighboring countries.
以邻为壑是指一个国家为解决其经济困境而制定的政策，而这些政策又反过来恶化了其他国家的经济问题。

这个词来源于该政策的影响，因为它使邻国成为乞丐。

beggar-thy-neighbor policy
【相关词汇】
浮动汇率体系floating exchange rate system
汇率中间价central parity rate。