The article states that exchange rate fluctuations affect market nerves, are related to internal and external balance, and have a high degree of attention. In the medium and long term, the RMB exchange rate remains basically stable and has a solid foundation. Macroscopically, the exchange rate is fundamentally determined by economic fundamentals. Recently, the financial management department has issued a series of policy combinations to accurately and effectively support the real economy, which will further consolidate and enhance the trend of our country's economy stabilizing and improving. From the perspective of policy space, relevant departments have the ability to continue to maintain the basic stability of the RMB exchange rate at a reasonable and balanced level. The People's Bank of China has repeatedly emphasized that the market should play a decisive role in the formation of the exchange rate and maintain exchange rate flexibility. Market participants should adhere to the concept of risk neutrality. Financial Institution Groups, enterprises and even individual residents should establish the concept of risk neutrality and not