Please help me see if my US dollar needs to be converted into RMB now?
USD 0 is about 39,000, including cash exchange , and cash. I found that the RMB has depreciated sharply recently. I don’t know what price it can be depreciated to. I am worried that the RMB will appreciate again after depreciating to this price. Some online information shows that some financial personnel say that the RMB exchange rate can be seen at 8 yuan, but I don’t know whether it is true or false, which is a bit confused, so please help me analyze it.
These dollars have been deposited in the account, and have not been used, nor have they considered buying a house again, etc. They are all current or fixed deposits in the account, but the interest rate of foreign exchange deposits is very low, and there has not been much value added in recent years (no consideration of appreciation factors). Now the RMB has depreciated significantly, and it has reached a high level in the previous few years. So, let’s see if it can be converted into RMB and then continue to deposit or do something. I wonder if you have any good ideas to analyze for me. Thank you.
Everyone help me analyze and analyze, should I continue to hold US dollars or convert it into RMB?