What will be the impact of RMB appreciation on our office workers?

Updated on Financial 2024-04-01
20 answers
  1. Anonymous users2024-02-07

    To be honest, the appreciation of the renminbi will not have much impact on ordinary people, unless you go abroad to shop

    So don't think much about it.

  2. Anonymous users2024-02-06

    Prices are high, and the money you earn can only buy one-fourth or one-third of what you used to have.

  3. Anonymous users2024-02-05

    There is no impact on more commuters.

  4. Anonymous users2024-02-04

    The continuous appreciation of the renminbi has the following three main impacts on our lives.

    1. The renminbi has become more valuable in international status.

    For example, I am engaged in foreign trade, and foreign trade is most concerned about the appreciation or depreciation of the RMB in the international status, if it is depreciated, the profits of foreign trade will be reduced, but if the RMB continues to appreciate, the biggest benefit of the beneficiary is the foreign trade personnel.

    The original 1 million things may only cost 800,000 yuan in the end, and it is more valuable to go out to travel.

    Originally, one dollar could be exchanged for renminbi, but now one yuan can be exchanged for renminbi, and it is likely that the renminbi will become an international currency in the future.

    In our impression, most imported goods are relatively expensive, including the goods themselves and the taxes collected, plus the layers of middlemen, and finally in the hands of the people, it is already very high.

    However, with the continuous appreciation of the renminbi, the country will increase the import of goods, and many imported goods have begun to decrease**, or the people have been able to buy these imported goods.

    For example, the ** price of a box of apples is 58 yuan, and with the appreciation of the RMB, the same box of imported apples may be bought for 50 yuan.

    3. Improve the consumption level of the people.

    If a country is inflationary and money is becoming less and less valuable, then it will reduce the consumption level of the people, everyone earns money in their hands, and with the continuous appreciation of the yuan, many people are willing to buy more things.

    Because the same money can buy more things than the original, in the short term can improve the living standards of the people, in the long run the country's economic development will also get a certain recovery, only the position of the RMB continues to appreciate, the country's economic development will occupy an important position in the world.

    For example, the currency of some countries is particularly worthless, which leads to inflation, backward living conditions, and unspeakable misery for the people.

  5. Anonymous users2024-02-03

    First of all, purchasing power has certainly increased greatly, imports will be cheaper, and the cost of studying abroad will be reduced, but employment pressure may increase, because appreciation is good for imports and not good for exports.

  6. Anonymous users2024-02-02

    It doesn't have much impact on my life, and the appreciation may make us feel that the society is developing very well, so we will let the RMB appreciate.

  7. Anonymous users2024-02-01

    I think this thing has had a great impact on my life, because the salary in our city is very low, but he continues to appreciate the RMB, which makes our life how to live in the future, which is very stressful.

  8. Anonymous users2024-01-31

    The most obvious change brought by the appreciation of the renminbi to domestic consumers is that the renminbi in their hands is "more valuable". If you study or travel abroad, you will spend less money than before; In other words, for the same amount of money, you will be able to do more than before.

    2. Reduce the cost burden of imported energy and raw materials.

    China is a resource-poor country, and in the case of continuous international energy and raw materials, domestic enterprises are bound to bear an increasingly heavy cost burden.

    Imported energy and raw materials will not only raise the quality of the entire basic means of production, but also eat up the profits of the middle and downstream enterprises in the industrial chain, making their profitability decline or even loss. If the renminbi appreciates to a reasonable extent, it will greatly reduce the burden of China's energy and raw material imports, thereby reducing the cost of domestic enterprises and enhancing their competitiveness.

    3. Increase the pressure on domestic employment.

    The impact of the renminbi's appreciation on exporters and foreign direct investment will ultimately be reflected in employment. Because most of China's export products are labor-intensive products, the obstruction of exports will inevitably increase the pressure on employment, and foreign-funded enterprises are one of the sectors that provide the most new jobs, and the slowdown in the growth of foreign capital will make the domestic employment situation more severe.

    4. It is not conducive to export.

    Due to the appreciation of the renminbi, the import of Chinese goods from abroad has become higher, and it has become difficult for Chinese products to be exported. In other words, the appreciation of the renminbi is not conducive to exports. China is an export-oriented economy, and a large part depends on exports.

    In the case of a sharp decline in exports and a sharp increase in imports, the national economy will be greatly affected.

    5. Affect the stability of the financial market.

    If the renminbi appreciates, a large amount of short-term speculative funds from abroad will take advantage of the opportunity to speculate on the renminbi exchange rate. When China's financial market is still very underdeveloped, this can easily lead to a financial and monetary crisis. In addition, the appreciation of the renminbi will further increase the actual amount of banks' existing non-performing assets measured in US dollars, which is not conducive to the reform of the entire banking industry and the restructuring of liabilities.

  9. Anonymous users2024-01-30

    When the renminbi appreciates, it means that the renminbi in your hand is more valuable. If people go abroad to study or travel, they will spend less money than before; At the same time, the appreciation of the renminbi indirectly reduces the cost of foreign goods and reduces the cost of people buying foreign goods. The impact of RMB appreciation on export enterprises and overseas direct investment will eventually be reflected in employment, because most of China's export products are labor-intensive, and the blockage of exports will inevitably increase employment pressure, that is, employment pressure.

    The number of people will increase. In addition to the impact on the people, it will also have a certain impact on enterprises, that is, the reasonable appreciation of the RMB can greatly reduce the burden of China's imported energy and raw materials, so that domestic enterprises can reduce costs and improve competitiveness. The appreciation of the renminbi means that one unit of renminbi can be exchanged for more foreign currency, that is, the renminbi is more valuable, which will have a certain impact on people's lives. This is not a good thing for ordinary people who are engaged in exports.

    Since our exports have always been greater than our imports, our exports are much lower than those of related industries in other countries, which has added a great competitive advantage to export enterprises. Once the RMB appreciates, products that are mainly denominated in foreign currencies will also be correspondingly**, reducing the competitiveness of the products. At the same time, this will directly affect the income of export enterprises and the income of friends engaged in related industries.

    In addition, one of the negative factors that has the greatest impact on the population is the increased pressure on employment. In the eyes of many, the appreciation of the renminbi may not have much of an impact, but this is not the case. The appreciation of the renminbi will hinder the development of many export enterprises and overseas investment, and this is most evident in the employment issue.

    Since most of the export enterprises are labor-intensive enterprises, exports are hindered and the operation of enterprises is not smooth, which is bound to increase the pressure on people's employment. Finally, the appreciation of the renminbi will also have a certain impact on our financial markets. If the renminbi appreciates excessively, there will be a lot of speculation in the financial markets about the renminbi exchange rate.

    In the case of imperfect financial markets, this only increases the risk of financial crises. When there is a financial crisis, we think about whether it is good or bad for the people.

  10. Anonymous users2024-01-29

    With the rapid development of social economy, we can deeply feel that prices are gradually increasing, and at the same time, we will feel that money is becoming less and less valuable, which is what we call like the appreciation of the renminbi, so when we see the continuous appreciation of the RMB on the Internet, many people will have such questions, that is, will this affect our lives? As for this problem, in my opinion, in fact, I think this will definitely affect our lives, and at the same time, it will also lead to an increase in our imports, so let's take a closer look.

    1 It will inevitably affect our lives

    In fact, now life has really undergone earth-shaking changes compared with before, in the past, our money was very valuable, and with only one dollar we can buy a lot of things in the market, but now a potential market can only buy a lollipop, and other big things can not be bought, which is mainly because our RMB has appreciated, and the price ** is caused. Therefore, for the continuous appreciation of the renminbi, this in itself will affect our lives.

    2 Imports increased

    We all know that the appreciation of the renminbi means that our country's money is becoming more and more valuable, so at this time, many people will go abroad to import goods and sell them in our country, so that they can expand imported products, but the expansion itself will also threaten a level of economic development in our country.

    Therefore, in our daily life, we should also pay more attention to this aspect of the problem, for the state, in this regard, what should be done is to implement macroeconomic regulation and market supervision, to take the necessary administrative means to correct this behavior, and at the same time to ensure that our prices continue to be stable. The above are some of my relevant views on this issue, and I hope these can be of some use to you in your future life.

  11. Anonymous users2024-01-28

    Yes, this will lead to the depreciation of the currency in people's hands, and then the price of goods will increase, and it will also affect people's normal spending power, and it will also affect the country's tax revenue.

  12. Anonymous users2024-01-27

    Absolutely. It will make China's market economy more prosperous, and inflation will become more and more obvious.

  13. Anonymous users2024-01-26

    It will definitely affect our lives, and the impact on foreign trade is also very large, and indirectly it will affect our ordinary life.

  14. Anonymous users2024-01-25

    It will affect our lives, facilitate the import of goods, increase our purchasing power, help reduce the cost of imported raw materials, and reduce our consumption pressure.

  15. Anonymous users2024-01-24

    Of course, it will affect our lives, and the appreciation of the renminbi will make the renminbi in our hands more valuable, expanding the demand for foreign products from domestic consumers.

  16. Anonymous users2024-01-23

    Yes, the appreciation of the renminbi will first of all make our external purchasing power very powerful, and it will also save the cost of imports.

  17. Anonymous users2024-01-22

    Of course, it will affect, many people have the habit of collecting RMB, so that the RMB in their hands has a lot of room for appreciation, and it is great to hear this news.

  18. Anonymous users2024-01-21

    Yes, it will definitely have an impact, after all, this is the currency of our country. Our lives are closely interconnected, and it also affects our spending power.

  19. Anonymous users2024-01-20

    will affect our lives. It may be possible for us to buy something foreign, which is not so expensive anymore and improves our quality of life.

  20. Anonymous users2024-01-19

    Thank you for having me! Let me talk about that! I think the appreciation of the renminbi in the medium and long term will have a profound impact on our ordinary people. I'll talk about buying a house,**, as well as imports and exports**!

    First of all, real estate, the medium and long-term appreciation trend of the renminbi means that the exchange rate is temporarily abandoned and assets are protected. For a specific excellent asset, I'll talk about real estate first. I think that in the medium and long term, the ** of real estate will be differentiated, specifically:

    Real estate in first- and second-tier cities will continue to be slow**

    Related questions
    3 answers2024-04-01

    There are pros and cons!

    Benefits: Spend RMB abroad and buy more things than before; >>>More

    14 answers2024-04-01

    Renminbi appreciation: The performance of the increasing purchasing power of the renminbi.

    9 answers2024-04-01

    No. Dollar.

    Indices are different from the US dollar. The U.S. dollar index is a composite index of the U.S. dollar, the euro, the Canadian dollar, etc., but the U.S. dollar is dominant. Answer. >>>More

    3 answers2024-04-01

    Each has its own sayings: 1. On the good side: improve China's economic status, increase the purchasing power of ordinary people for foreign products, promote the upgrading of Chinese enterprises, improve their competitiveness, and alleviate inflationary pressure. >>>More

    6 answers2024-04-01

    Legal Analysis: First, China regrets that its dollar assets have shrunk severely. China's foreign exchange reserves now exceed one trillion US dollars, of which US dollar reserves account for about 70%, and China has purchased more than $900 billion in US Treasury bonds. >>>More