RMB rate flexibility stays firmly on agenda

Central bank vice-governor: Forex trading to be easier for foreign investors

China will maintain a flexible renminbi exchange rate and push forward reform of the foreign exchange regime, Pan Gongsheng, vice-governor of the central bank, said at the China Development Forum 2019 on Monday.

The country will further open the capital account, especially for some items that are still unavailable for free currency exchanges. Foreign exchange trading will be more convenient for foreign investors, according to Pan, who is also head of the State Administration of Foreign Exchange.