At present, after offshore RMB briefly broke 7.26, it returned to around 7.14. RMB exchange rate has continued to depreciate since August. What impact will this have on our lives?
capital level, affected by the appreciation of the US dollar, whether individuals or enterprises, the demand for exchange and exchange and preservation of value has increased, capital flees, and the currency circulation in the financial market has decreased, which is reflected in the decline of stock prices and the price of commodities . In order to maintain market stability, the national level has introduced policies to relax the money supply and stabilize the financial market;
import and export level, the appreciation of the US dollar, imported goods, such as iron ore, crude oil and other commodities, will cost more money, be transmitted to the domestic market, and the production costs will increase, and product prices need to be increased, price increases, or other expenditures are reduced. Exported goods can be exchanged for more RMB, which is conducive to the export of domestic products and improves international competitiveness; in terms of people's livelihood, the price of imported products has increased to a certain extent, and buying things will become expensive. Imported prices such as imported cars, watches, electronic products, etc. have increased significantly. Domestic prices fluctuate relatively little, and agricultural and animal husbandry products prices are stable. Those who hold fund stocks and houses in their hands have a lot of shrinking assets, and the feeling is very obvious!
Exchange rate is stable, which is related to every Chinese. Speculation is not desirable, you will lose if you bet for a long time, and the exchange rate fluctuates. Everyone should take it rationally!
