The People's Bank of China (PBoC) has reaffirmed its commitment to maintaining the stability of the Chinese yuan, emphasizing that the currency has a solid foundation to remain balanced. According to commentary from PBoC-backed media, the yuan exchange rate is considered reasonable and is expected to stabilize further as more enterprises engage in currency settlements. The central bank's recent economic work conference highlighted the importance of managing exchange rate expectations and preparing for external shocks. Additionally, the PBoC conducted a significant reverse repurchase operation, injecting 205.1 billion yuan into the market at an interest rate of 1.5%, while also reporting a net injection of 14.2 billion yuan. This operation marks the highest weekly net injection in the past month, indicating a proactive approach to liquidity management in response to market conditions.