The recent fluctuation of RMB exchange rate is market correction rather than policy guidance Last week (April 18-22), the closing price (i.e. the closing price of the interbank market at 4:30 p.m.) and the central parity of the domestic RMB exchange rate (hereinafter, if not specifically referred to, refer to the RMB exchange rate against the US dollar) fell below 6.40 to 1 on the 20th and 21st, and closed at 6.4875 and 6.4596 on Friday, respectively. The cumulative decline in that week was 1...