Is it better to have 1 8 or 1 6 USD CNY? Why?

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Around 2024 or 2025, 2024 is the United States**, 2025 is an important node for China, all China's plans are five-year plans around 2025, if China's economy is not in a situation, and to such a position, China's dollar-denominated GDP in 2025 will far exceed the United States, because the depreciation of the dollar is accelerating, and the weak dollar is also a strategy adopted by Yellen. All the premise is a weak dollar, and if it is a strong dollar, the dollar will run all over the world.

Is the exchange rate of the US dollar against the yuan possible to 1:6?

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The exchange rate of the US dollar against the yuan can be destroyed to 1:6<>

It may be that by 2024, the relationship between the US dollar and the RMB will go from the current high to 1:3, and the people's currency may appreciate violently in the future, and the macro <> will be very strong

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Around 2024 or 2025, 2024 is the United States**, 2025 is an important node for China, and all the plans for China are all carried out around 2025, if China's economy is not in a situation and comes to such a position, China's dollar-denominated GDP in 2025 will far exceed that of the United States, because the depreciation of the dollar is accelerating, and the weak dollar is also a strategy adopted by Yellen. The premise of increasing manufacturing is a weak dollar, and if it is a strong dollar, the dollar will run to the world.

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One dollar is 6 pips against 6 yuan. The RMB exchange rate represents the external value of the RMB, which is formulated and adjusted by the State Administration of Foreign Exchange on the basis of the principle of independence and unity, with reference to the price comparison level at home and abroad and the fluctuation of the exchange rate in the international financial market, and is announced to the domestic and foreign countries day by day. It is used to express the exchange rate of RMB against foreign currencies.

How many pips is a dollar to 6 yuan?

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One dollar is 6 pips against 6 yuan. The RMB exchange rate represents the external value of the RMB, which is formulated and adjusted by the State Administration of Foreign Exchange on the basis of the principle of independence and unity, with reference to the domestic and foreign price comparison level and the fluctuation of the exchange rate in the international financial market, and is announced to the domestic and foreign countries day by day. It is used to express the exchange rate of RMB against foreign currencies.

The U.S. dollar** is USD and is the legal tender of the United States of America, the Republic of El Salvador, the Republic of Panama, the Old Republic of Ecuador, the Democratic Republic of Timor-Leste, the Republic of the Marshall Islands, the Federated States of Micronesia, the Republic of Kiribati and the Republic of Palau. The dollar banknotes in circulation are the editions of banknotes issued since 1929. It appeared after the passage of the U.S. Minage Act in 1792.

Currently, the issuance of the US dollar is controlled by the US Federal Reserve System. Since 1913, the United States has established a federal reserve system and issued unprecedented state reserve notes. More than 99% of the banknotes currently in circulation are Federal Reserve Bills.

The so-called appreciation and depreciation should be accurately said as follows: The renminbi has appreciated relative to the U.S. dollar, because the U.S. dollar is the dominant international currency, so the U.S. dollar is usually omitted, and the renminbi is directly appreciated.

On the whole, the renminbi is in the process of appreciating relative to major international currencies. Compared with major international currencies, the US dollar has been mainly in recent years, and it has been depreciating relative to the RMB.

The chart below shows the trend of the U.S. dollar index in recent years.

The chart below shows the trend of the USD/RMB exchange rate in recent years.

An appreciation of the renminbi is a depreciation of the dollar.

The exchange rate is mainly determined by three factors, GDP, currency issuance, and international demandIf the GDP of two countries is the same, the amount of currency issuance is the same, and the international demand of the two currencies is also the same, the exchange rate of the two currencies should be 1:1

The GDP of the United States is higher than that of China, so the dollar should be more valuable than the yuan, some of the currency issued by the United States is less than that of China, so the dollar should be more valuable than the yuan, and the demand for the dollar in the international market is greater than that of the yuan, so the dollar should be worth more than the yuan, and these three factors add up, resulting in the exchange rate of the dollar being more than 6 times that of the yuan.

Since December 11, 2015, the China Foreign Exchange Trade System (CFETS) has released the "CFETS RMB Exchange Rate Index", and the RMB exchange rate formation mechanism has begun to shift to refer to a basket of currencies and maintain the basic stability of the basket exchange rate.

In fact, the PBOC has taken into account the logic and policy recommendations of the "exchange rate depreciation faction" and the "exchange rate stability maintenance faction" at the same time, and strives to find a balance between the two logics, between the real economy and financial stability, and between the internal economy and the external economy.

dynamic trade-offs. The results of the balance and trade-offs can be simply expressed as the "dual-anchor camera conversion mechanism". In short, the RMB exchange rate is based on the US dollar or a basket of currencies, which is a "double anchor"; At a specific time period.

Choosing the weaker of the two as the anchor is the "camera transition".

In fact, the higher the exchange rate of a currency, the better.

Due to the high exchange rate of the US dollar against the RMB, its export products are high in China and not competitive; Second, although the exchange rate of the dollar against the yuan is high, it has no meaning in the United States, and it does not make Americans have higher purchasing power than Chinese (meaning that Americans buy things in the United States with one dollar and Chinese buy things at home with one dollar). From this point of view, in order to make some comparisons more fair, we can discount a lot of data to compare. For example, dividing the U.S. GDP by 4 and comparing it with China's GDP is a more realistic indication of the living standards of the two countries (as is the case with most Americans who cannot afford to buy a house or go to college).

If the renminbi becomes 1 to 1 against the dollar, what will happen to us?

Then the export business will lose a lot, but on the whole it will be beneficial to the people, which is equivalent to a sevenfold increase in our assets, and imported goods will become very cheap, which can improve the quality of life of the people.

The sharp appreciation of the renminbi will lead to a serious challenge to China's exports, and Chinese companies will also suffer huge losses when settling with other countries.

Prices will fall, the money in the hands of the people will be worth a lot, the price of oil will also fall, the money will not be easy to earn, and the price of Coke will drop to 5 jiao a bottle.

Then we have lost a lot, and the United States still owes us money, and it will rise again after repayment, and we can't lose a small amount of money.

<> vertical calculations** as shown above.

Answer: Equivalent to RMB yuan.

1 US dollar is exchanged for RMB yuan, and the US dollar is converted into RMB.

Yuan.

A: The US dollar is equivalent to the Chinese yuan;

Because 1 US dollar is RMB, so US dollar is RMB.

Currency exchange. USD = Chinese Yuan.

US Dollar, USD, Chinese Yuan, CNY

Why can RMB be exchanged for 1 USD? How are exchange rates calculated?