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Although the Bretton Woods system has dissolved, it is still the dollar standard. The U.S. dollar is pegged to **, the non-U.S. dollar is linked to the U.S. dollar, and the U.S. dollar is mostly appreciating, but the depreciation of the U.S. dollar and the appreciation of the renminbi are the economic slowdown brought about by the U.S. mortgage crisis in order to transfer them. The CPI index has reached, it is already inflation, and the purchasing power of the US dollar has declined, which is also a factor leading to the depreciation of the US dollarRegarding the impact of the depreciation of the US dollar and the appreciation of the RMB, I think there are the following aspects: (1) The appreciation of the RMB is too fast, and the life of low value-added and labor-intensive export enterprises is more difficult.
2) The rapid appreciation of the renminbi may directly lead to a sharp decrease in China's foreign surplus. (3) If the renminbi appreciates too rapidly, China's huge foreign exchange reserves will inevitably bear greater depreciation risks. (4) The rapid appreciation of the renminbi may directly affect the high growth of China's economy.
5) If the RMB appreciates too fast, international travel capital may impact China's financial market, and the difficulty of supervision will also increase. In the early 80s of the 20th century, the US fiscal deficit increased sharply, and the foreign deficit increased significantly. The United States hopes to improve the imbalance of the United States balance of payments by increasing the export competitiveness of its products through the depreciation of the dollar.
After the signing of the "Plaza Accord", the five countries jointly intervened in the foreign exchange market, and each country began to sell the dollar, which then formed a selling frenzy of market investors, resulting in a continuous sharp depreciation of the dollar. In September 1985, the U.S. dollar fluctuated around 250 yen per dollar, and in less than three months after the agreement was signed, it quickly reached around 200 yen, a decline of 20%. It is said that at the Plaza meeting, Japan expressed its willingness to assist the United States in intervening in the market to lower the dollar exchange rate, and even said that "a 20% depreciation is OK."
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Yes, as soon as the dollar depreciates, a large amount of U.S. debt in the hands of a certain country will become waste paper, so people are willing to depreciate.
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Not for the time being, it's hard to say later.
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It will depreciate, because the United States is now facing a lot of problems, and there is also an economic position, but it will face a lot of difficulties.
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It's going to depreciate. The development of the United States is not very good, the economy is also declining, and the dollar will depreciate.
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Possibly, because their currency has a lot to do with their economy, their economic development has been very hindered, and it is likely to depreciate.
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I think the dollar will depreciate at the moment, because the epidemic in the United States is very serious.
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Probably, because their development is not particularly good, and their economy has a lot of problems, and it may depreciate.
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I think the dollar will depreciate right now, because the United States is very chaotic right now.
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1. The rise of the euro: In the international financial trading market, the euro has gradually replaced the US dollar as one of the main currencies in the market, thus creating a situation of competing with the US dollar;
2. Excess U.S. dollar foreign exchange reserves: After the U.S. dollar and ** ceased to be convertible, the global dollar reserves were excessive, resulting in a certain imbalance in the global economy, which also led to the United States becoming the world's largest debtor country.
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The only reason for currency depreciation is continued massive monetary easing, including the dollar.
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What would be the impact if the dollar depreciated rapidly and the renminbi appreciated? Knowledge.
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What will be the impact of the depreciation of the US dollar and the appreciation of the RMB?
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The first point: if we in China now have 10 US dollars, and in the past 1 US dollar could be exchanged for 10 yuan, then the 10 US dollars in our hands were exchanged for 100 yuan. Now that the dollar has depreciated, 1 dollar can only be exchanged for 6 yuan, so the 10 dollars in our hands can only be exchanged for 60 yuan.
It means that what we bought for 100 yuan is now only worth 60 yuan. It's equivalent to shrinking.
The second point: If we say that we can only make money by selling the goods we export for 30 yuan, according to the previous ratio of 1:10, we only need to sell for 3 US dollars, and we can make money.
But if the dollar depreciates and becomes 1:6, then we have to sell it for $5 to make a profit. However, for foreign importers, our goods have not changed, but ** is 2 US dollars higher, then there is no ** competitive advantage, so it will be detrimental to exports.
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<> after the depreciation of the US dollar, it also has a certain impact on imports and exports, when the US dollar is depreciated, there will be a large increase in exports in the United States, and for China, there will be an increase in imports and exports, and there will be a decrease in exports, after all, everyone is not willing to do loss-making transactions. It also has a certain impact on the employment problem, and when the dollar depreciates, the U.S. exports increase, and the pressure on employment can also be reduced.
When the phenomenon of dollar depreciation occurs, in fact, the main reason is because of the current excessive debt, which leads to the depreciation of the currency, which can reduce the economic pressure caused by the debt factor as much as possible, and when encountering an economic crisis, it will also use this way to deal with the impact of the financial crisis.
For these is actually a kind of economic regulation and control, under normal circumstances, in the currency is still relatively stable, when these appear, it will generally cause uneasiness in the financial market, or should be their own funds for a comprehensive planning and adjustment, especially the foreign currency held by the hand for reasonable planning, in order to prevent the impact of exchange gains and losses caused by exchange rate fluctuations, bear unnecessary economic losses and principal losses, and ensure the safety of their funds.
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