What is the impact of the appreciation and depreciation of the renminbi on farmers?

Well, the appreciation and depreciation of the RMB has an impact not only on farmers, but also on those who hold RMB as the main consumer currency.

If the RMB appreciates, to put it simply: for foreign trade export friends, it is undoubtedly a reduction in competitiveness. Because, the cost of his purchase in US dollars has become invisibly higher.

On the contrary, it is helpful and beneficial to the import industry. Because, the cost of our procurement has become thicker.

In addition: the appreciation of the RMB also indicates a monetary crunch or a relative depreciation of the US dollar. The former, it shows that other countries or institutions are absorbing a large amount of sodium RMB, in disguise, allowing China to create more RMB in order to facilitate the balance of circulation

In this way, the RMB will depreciate in disguise, and at the same time, inflation will come out, and prices will be disguised. It will also affect the adjustment of the bank's interest rate and the borrower's repayment interest. It is closely related to the lives of ordinary people.

1.The recent depreciation of the renminbi is a foreign depreciation: because the renminbi is not a freely convertible currency, the level of the renminbi exchange rate is the external value, and the main purpose of the renminbi depreciation is to promote domestic exports (export enterprises can exchange their export earnings denominated in foreign currencies for more renminbi), and increase the competitiveness of export enterprises (the international financial crisis has a great impact on domestic export enterprises, especially for labor-intensive enterprises); The second is to increase the cost of capital flight for foreign investment in China (China is the country with the largest amount of foreign direct investment) and stabilize the domestic economy.

It doesn't have much impact on our lives. Of course, if you need to pay foreign exchange for travel or study abroad, the cost will increase; In addition, the production promotion of domestic enterprises will directly increase employment and increase people's income, and in this regard, it is still beneficial to the improvement of our quality of life.

2.The money in hand now will not be affected. It should be noted here that the depreciation of the renminbi abroad causes the growth of foreign trade exports, drives the growth of the domestic economy, the growth of national income, and the drive of consumption and investment causes the price of goods.

In the current situation, this price will not be noticeable, and at most it will offset the deflation caused by the decline in investment consumption caused by the financial crisis.

What is the point of discussing the appreciation and depreciation of the RMB? If a country's economy is not properly handled, it will not be able to be rectified. What does it mean to maintain China's economic order by relying solely on foreign trade?

Is it socialism with Chinese characteristics that we are pursuing now? At present, China's domestic market is very chaotic and does not have a complete system. China is a country with a very large proportion of peasants, and more than 1 billion peasants plus more than 300 million urban population constitute a huge country, but the group of people who occupy wealth in China now is about 3%-5% of the group.

It depends on how China develops now.

The appreciation of the renminbi does not have a significant impact on every citizen. But for the Chinese economy as a whole. But it's a hard thing to determine.

China's current economic policy is to use real estate to drive GDP and stimulate domestic demand. Foreign trade is China's big earner, the textile industry, the paper industry, toys, these labor-intensive, serious environmental pollution industries in China for decades have sprung up in the Pearl River Delta, Guangzhou, Wenzhou, Shenzhen and other places quickly towered. Establish a relatively complete foreign trade system.

The real domestic enterprises that drive civilian GDP are slowly divided and annexed by state-owned enterprises. State-owned enterprises are also in danger under foreign financial predators and hawk-eye comments. Although China is a market economy.

There is ** control. And the emergence of various crises in the past 30 years has also made people's hearts feel bitter.

Let me tell you this briefly! In the short term, the money in the hands of farmers is more valuable because of the appreciation of the renminbi, and it is relatively cheap to buy foreign electrical appliances, but to buy some domestic things, clothing, food, housing and transportation are still the same because of the high cost.

However, in the long run, our country's current economy is highly dependent on export appreciation, which will cause many export-oriented enterprises to go bankrupt, foreign capital to withdraw, and the state to introduce policies, which will affect everyone's life.

Today, when China's economic globalization is deepening and people's foreign exchanges are becoming more and more frequent, changes in the RMB exchange rate directly affect our lives and production, so what impact will the depreciation of RMB have on the lives of ordinary people?

First of all, let's understand what is the depreciation of the yuan. That is, currency depreciation (also known as currency depreciation, is the symmetry of currency appreciation), in professional terms, it refers to the decline in the value contained in or represented by the unit currency, that is, the decline of the unit currency; In the most popular terms, the purchasing power of the renminbi has weakened, or the value of money has become valuable.

For example, now RMB can be exchanged for 1 US dollar, if the depreciation rate is 50%, then 1 US dollar can be exchanged for RMB after depreciation, or RMB can only be exchanged for US dollars; If it is reflected in life, it costs 2 yuan to buy something that costs 1 yuan now after depreciation.

The impact of changes in the renminbi on the lives of ordinary people is mainly reflected in the following aspects

1.Influence travel and study abroad.

2.** of shareholders. The RMB is highly correlated with the trend of A-shares.

If the renminbi depreciates, many people will consider exchanging their money for US dollars, which may lead to a rapid A-share rate**. This is due to the fact that the depreciation of the RMB will trigger a decline in the valuation of local currency assets, resulting in the weakening of related sectors of the financial industry (including real estate), which will drag down the overall market and damage shareholders. On the other hand, once the expectation of RMB depreciation is formed, it will lead to the outflow of hot money, and the capital market in which A-shares are located will quickly tighten, resulting in losses for shareholders.

3.Causing economic pressure. For example, 1,000 yuan was enough for a family to live for a month, but now it takes 1,500 yuan to live for a family.

4.Prices**. In particular, the expenditure of some overseas shopping consumers who often buy milk powder or cosmetics will increase significantly. For example, some parents of newborns spend $500 a month on milk powder, which was 3,500 yuan a month ago, and now due to the depreciation of the yuan, they have to add an additional 1,200 yuan, which is still a lot of money for ordinary families.

5.The impact of RMB depreciation on export enterprises and foreign direct investmentIt will eventually be reflected in employment, because most of China's export products are labor-intensive products, and the depreciation of the RMB will increase exports, thereby alleviating the employment pressure of the people to a certain extent.

6.Increased investment costs. When the RMB depreciates, in order to resist the losses caused by the depreciation of the RMB, people will increase their investment, such as buying financial products such as **, **, bank deposits, etc.

The depreciation of the RMB exchange rate will affect the most affected groups such as international students, overseas shopping, overseas travelers, etc., and such groups should have exchanged RMB into US dollars as soon as possible and saved them for emergencies.

For ordinary people, they don't have to care too much about the depreciation of the RMB, exchange rate fluctuations have little impact on life, and they can live how they want.

<>number 1.The impact of the depreciation of the renminbi on the prices of ordinary people.

The depreciation of the renminbi means that the money is worthless. Generally speaking, it means that you used to buy a pound of vegetables for one pound, but now you can only buy half a pound of vegetables for one pound. Under the condition that prices remain unchanged, the depreciation of the RMB represents an increase in the cost of buying vegetables for the people, which can also be regarded as the price **.

The clothing, food, housing and transportation of ordinary people are closely related to prices, and the people's spending power affects the economy of the whole country. The depreciation of the renminbi will directly reduce the consumption power of ordinary people, which will have an adverse impact on ordinary people's clothing, food, housing and transportation, commonly known as "insufficient money".

number 2 .The depreciation of the renminbi is not conducive to ordinary people buying houses

Housing prices are higher for the depreciation of the renminbi, and the depreciation of the renminbi means that people need to spend more money to buy a house, and they need to pay more to buy a house when they have no mortgage. In addition, in the case of taking out a loan to buy a house, not only will more funds be added to buy a house, but at the same time, the mortgage also has interest, and for the repayment of interest, ordinary people need to pay higher interest on loans, which is the case with car loans. Therefore, the depreciation of the renminbi is not conducive to ordinary people buying houses.

number 3.The impact of RMB depreciation on stock prices

With the depreciation of silver coins, people are no longer satisfied with the current investment, and aspire to higher investment projects. Because stable investment projects have stability, low risk, low income. Being invested in high-tech projects and high-capital projects by many people, he will gradually increase his stock price and also think about the interest rate of RMB.

Therefore, the depreciation of the renminbi is absolutely important to the lives of ordinary peopleUnfavorableEffect.

What impact will the depreciation of the renminbi have on us ordinary people?

01 The import of raw materials has a significant impact on enterprises.

Because, the same raw materials need more yuan to buy. And after the exchange rate changes greatly, it is more difficult to grasp the raw material inventory of enterprises. In such a situation, it will inevitably lead to a decline in the efficiency of the enterprise, which in turn will affect the income of employees.

If the company has serious losses, there may also be problems such as layoffs. At the moment, even if ordinary employees do not need to use foreign exchange, as long as they work in these enterprises, they may be affected. This effect can also be called an indirect effect.

02 Buying commodities may increase in price.

You know, more than half of China's first depends on imports, once the RMB has a large depreciation, the cost of imports will be greatly increased, and then increase the cost of imports. Reflected in the refined oil **, it is one word - rise. Now, a considerable number of families have cars, and the price of gasoline has risen, will it have an impact on life?

If the cost of natural gas also rises sharply due to the depreciation of the RMB, it also needs to be increased, which will also have an impact on the lives of residents. Oil prices** are both direct and indirect impacts.

03 Impact**.

On the surface, the depreciation of the renminbi has little to do with **. However, a careful analysis is not difficult to find that the depreciation of the RMB is also bearish. Because, if there is a continuous depreciation of the RMB, there may be capital outflows, which will then affect the capital.

Especially in the case of the gradual opening of the capital market to foreign capital, the impact will be even greater. Therefore, once there is a continuous depreciation of the RMB, if there is an outflow of capital, the impact on the RMB will still exist. If **also appears**, the interests of shareholders will be affected, and it will eventually be reflected in ordinary residents, which is an indirect impact.

The depreciation of the renminbi will naturally have an impact on those who use foreign exchange, but at the same time, those who do not use foreign exchange will also be directly or indirectly affected.

The depreciation of the renminbi has an impact on the economy, life and work

1. Imports will decrease, and the profits of import-based enterprises will decline: because when importing goods, they must first use RMB to exchange them for foreign currencies such as US dollars at the bank, and then purchase goods from abroad.

After the depreciation of the renminbi, the same renminbi is exchanged for fewer dollars, and the amount of goods purchased is smaller, resulting in an increase in import costs and a decrease in the competitiveness of imported goods.

2. Exports will increase, and export-oriented enterprises will increase their profits: after the depreciation of RMB, the US dollars received from export goods can be exchanged for more RMB from the bank, and the profits will increase.

Therefore, the essence of the continuous depreciation of the RMB exchange rate is to subsidize export enterprises and help these enterprises export, which is conducive to protecting low-end industries and backward production capacity, but will increase industrial pollution, damage the ecological environment, and is not conducive to the country's industrial restructuring and industrial upgrading.

3. Increase employment: After the depreciation of the RMB, due to the decrease in imports, the competition in the domestic sales market will be reduced, the sales of domestic goods will increase, and the number of jobs will increase; And due to the increase in exports, the profits of exporting enterprises will increase, which will also lead to an increase in employment opportunities.

4. The increase in import costs leads to the price of production and consumer goods: The depreciation of the RMB exchange rate will cause the domestic price of imported goods and promote the overall price level.

The country needs to import a large amount of oil, iron ore, timber, soybeans, grain and other production and consumer goods every year, which are settled in US dollars. If the renminbi continues to depreciate, the import of these consumer goods** will increase, which will lead to an increase in the cost of the entire industrial chain.

5. For the market, the depreciation of the local currency has a more complex impact on the market, the depreciation of the local currency will enhance the competitiveness of domestic products, especially the export enterprises will benefit, and the cost of enterprises dependent on imports will increase, profits will also be lost, which will have an adverse impact on small and medium-sized import enterprises, and the company's net profit will be reduced accordingly, and the company will also be affected.

6. For ** and international commodities ** or: At present, ** and international commodities are priced in US dollars. The depreciation of the RMB is equal to the appreciation of the US dollar, which is also equal to the ** and international commodities.

Therefore, when the local currency depreciates, it is necessary to hold hard currency such as ****.