The theoretical and practical significance of studying the issue of RMB appreciation

The renminbi appreciated.

It mainly refers to the renminbi relative to the US dollar.

of the exchange rate appreciation.

Suppose the current exchange rate of the renminbi against the US dollar is:

1. If the RMB appreciates twice, then the exchange rate of the two will become:

2. That is to say, now the yuan can be exchanged for 1 US dollar. Changes in exchange rates can have a big impact on a country's economy.

The appreciation of the renminbi is relative to other currencies, which is the purchasing power of the renminbi.

Intensifier. The reason for the renminbi's appreciation is due to internal dynamics in China's economic system and external pressures. Internal influencing factors include the balance of payments.

The state of foreign exchange reserves, the state of prices and inflation, the state of economic growth and the level of interest rates.

After the exchange rate reform, the development of China's foreign exchange market has accelerated, the main body and scope of RMB forward transactions have been improved and expanded, and financial derivatives such as foreign exchange swaps have been introduced.

At the same time, a series of supporting measures have been adopted in foreign exchange management and other aspects, which have broadened the financial hedging channels for enterprises.

Currency appreciation is also called "currency appreciation". Refers to capitalist countries.

The policy of increasing the gold content of the national currency and increasing the value of the national currency against foreign countries. Currency appreciation is another manifestation of the instability of the currencies of capitalist countries. It does not imply an increase in the purchasing power of the national currency at home, but only an increase in the value of the national currency against foreign currencies.

Currency appreciation brings many disadvantages to the appreciating countries: first, with the increase in the value of the currencies of the appreciating countries compared with foreign currencies, their foreign commodities must also increase, thus affecting the competitiveness of export commodities; Second, the foreign exchange reserves of the appreciating countries and the assets repatriated from abroad will be reduced in the currency of the country. Finally, currency appreciation can also affect domestic sales of domestic goods.

The exchange rate, which refers to the exchange rate between two currencies, can also be regarded as the value of one country's currency against another.

Specifically, it refers to the ratio or ratio of one country's currency to another country's currency, or the ** of another country's currency expressed in one country's currency.

The significance of the continuous appreciation of the RMB!

1. U.S. printing leads to the depreciation of the U.S. dollar: A large number of U.S. dollars are printed in the U.S., resulting in a continuous decline in the U.S. dollar index, and a serious depreciation of U.S. dollar assets, which leads to the appreciation of other non-U.S. currencies, so it also leads to the appreciation of the RMB;

2. China's economy continues to improve: China's economy continues to maintain positive GDP growth, the fundamentals are very stable, and the steady upward trend makes China's economic development continue to improve, while the US dollar index weakens, so the RMB appreciates at an accelerated pace;

3. Global monetary quantitative easing: Under the influence of the situation, all countries have a greater or lesser impact, but China's economy still continues to grow, so the world's eyes focus on China, China provides a very good place to invest, and the RMB brings development dividends to all countries.

The above three are the reasons for the appreciation of the renminbi.

The appreciation of the RMB will have a direct impact on the import industry, so that the production costs between the enterprises are indirectly reduced, and the profits between the enterprises are indirectly increased. The appreciation of the renminbi has caused some adverse effects on the processing and manufacturing industries, which require intensive labor, the rise in labor costs, the original advantages have been weakened accordingly, and the competitiveness in the international market has basically been lost.