From now on, China’s government declared, the renminbi’s central parity rate will align more closely with the previous day’s closing spot rates. This suggests that the devaluation was aimed primarily at giving the markets a greater role in determining the renminbi exchange rate, with the goal of enabling deeper currency reform.
中国政府宣布，从现在开始，人民币汇率中间价将更紧密地与前一日的收盘现货汇率相一致。这表明贬值主要是为了让市场在人民币汇率的决定中起到更大的作用，其目标是进一步深化货币改革。