[Central Bank: Enhance the resilience of the foreign exchange market, stabilize market expectations, and prevent the risk of exchange rate overshooting] On November 11, the central bank released China's monetary policy implementation report for the third quarter of 2026. In the next stage, it will steadily deepen the market-oriented reform of the exchange rate, improve the managed floating exchange rate system based on market supply and demand and adjusted with reference to a basket of currencies, insist that market supply and demand play a decisive role in the formation of the exchange rate, and give full play to the function of the exchange rate as an automatic stabilizer in regulating the macroeconomics and the balance of payments. Do a good job in monitoring and analyzing cross-border capital flows, adhere to bottom-line thinking, implement comprehensive policies, enhance the resilience of the foreign exchange market, stabilize market expectations, prevent exchange rate overshoot risks, and maintain the basic stability of the RMB exchange rate at a reasonable and balanced level. Guide enterprises and financial institutions to strengthen the concept of "risk neutrality" and guide financial institutions to actively provide exchange rate hedging services for small, medium and micro enterprises.