In the short term, what are the factors that affect the exchange rate?

An important long-term fundamental factor affecting exchange rate changes is the relative inflation rate, and the balance of payments situation and the relative interest rate level are the most important factors affecting short-term changes in exchange rates.

1. Interest rate. Exchange rates are closely related to interest rates, which determine whether global capital flows into or out of a country. For example, offering a 1% interest rate on deposits.

Which of the two banks that offer deposit rates would you choose? There is no doubt that we would choose a bank with a deposit rate of 1%. Therefore, the higher a country's interest rate, the more likely it is that its currency will strengthen.

Low-interest rate currencies are more likely to weaken in the long run. 2. Inflation. The factor that has the greatest impact on the central bank's interest rate decision is price stability, which is what we call "inflation."

Inflation measures the growth of goods or services**. Under the conditions of paper money circulation, the basis for determining the exchange rate of the currencies of the two countries is the purchasing power of the currencies.

Extended Information: Introduction to Exchange Rates: 1. It refers to the exchange rate between two currencies, which 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.

2. The exchange rate change has a direct regulating effect on a country's import and export. Under certain conditions, by devaluing the national currency externally, that is, allowing the exchange rate to rise, it will play a role in promoting exports and restricting imports; On the contrary, the appreciation of the national currency, that is, the decline of the exchange rate, plays the role of restricting exports and increasing imports. July 9, 2020, onshore and offshore RMB.

The exchange rate against the US dollar has both recovered the mark and returned"6 times"。

3. The rise and fall of a country's foreign exchange market has a positive impact on import and export and economic structure.

production layout, etc. The exchange rate is the most important adjustment lever in international trade, and the decline of the exchange rate can play a role in promoting exports and curbing imports. For example, if a commodity worth 100 yuan is indirectly denominated for the exchange rate of RMB against the US dollar), then the ** of this commodity in the United States is the US dollar.

If the exchange rate of the renminbi against the U.S. dollar falls, that is, the U.S. dollar appreciates, the renminbi depreciates.

You can buy this item for less US dollars, and the ** of this item in the United States is the US dollar seeper cherry tree. Therefore, the ** of the commodity in the US market will become lower. The ** of the commodity is reduced, the competitiveness becomes higher, and it is cheap and easy to sell.

Conversely, if the exchange rate of the renminbi against the U.S. dollar rises, that is, the U.S. dollar depreciates, the renminbi appreciates.

Then the ** of this product in the US market is the dollar, and the dollar ** of this commodity becomes more expensive, and there is less to buy.

Answer]: CP32

This question examines the balance of payments, **, capital flows, and exchange rates. The reason for the change in the exchange rate of a certain currency is the same as the determinant of the change in the exchange rate of any other product**, which is determined by the supply and demand for that currency. In the long run, there are many factors that cause changes in the supply and demand of a certain currency, including the economic strength and growth performance of the economy, and the health of the balance of payments.

From the perspective of short-term exchange rate changes, there are two key factors: the relative changes in interest rates in various countries and the relative changes in the level of **.

Answer]: a, b, c, d

There are many factors that affect the exchange rate, including the basic economic factors, macroeconomic policy factors, monetary intervention factors, political factors and foreign exchange reserve factors, etc., and options A, B, C, and D are all included.

Answer]: a, b, c, d

There are many factors that affect the exchange rate, mainly including basic economic factors, macroeconomic surplus policy factors, ** bank intervention factors, political jujube factors and foreign exchange reserve factors, etc., option A, B, C, and stool dispersion D are all included.

Answer]: a, b, c, d

The main factors affecting the exchange rate include: economic growth and inflation next to the currency, mainly including the balance of payments and the slag front rate of labor production; fiscal revenue and expenditure and fiscal policy; Monetary policy; **Bank short-term 10 pre-plan.

Answering the Wild Case] :d

In the short term, the most basic factors affecting exchange rate fluctuations are mainly as follows: the balance of payments situation; Interest rate; Inflation; Late exchange rate system.

Answer]: c, d

The exchange rate bending is a kind of **, and the envy of Zheng should be determined by the supply and demand of the foreign exchange market, and the change of foreign exchange supply and demand leads to the change of the exchange rate, and the supply and demand of foreign exchange and its changes are subject to a series of economic or non-economic factors. The main factors affecting exchange rate changes are: (1) balance of payments; (2) relative inflation rate; (3) relative interest rates; (4) aggregate demand and aggregate supply; (5) City brother song field expectations.

Answers]: a, d, e

The exchange rate is a kind of group, which should be determined by the supply and demand of the foreign exchange market, and the change of foreign exchange supply and demand leads to the change of the exchange rate, and the supply and demand of foreign exchange and its changes are subject to a series of economic or non-economic factors. To analyze and analyze exchange rate movements, it is necessary to consider the various factors behind the supply and demand of foreign exchange. The main factors influencing exchange rate movements include:

Balance of Payments; relative inflation rate of jujube branches; relative interest rates; aggregate demand and aggregate supply; Market expectations.