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When we talk about the RMB, most people will be very optimistic, in fact, this is blind optimism, because the RMB itself has been ** for many years, coupled with the decline of China's economic level, the depreciation of the RMB is basically a foregone conclusion.
The appreciation of the yen is also an objective economic phenomenon, after all, the yen has experienced many years of downward adjustment, and its own ** requirements are very high, and Japan's economy is slowly recovering, which also supports the rise of the yen at the economic level, so we look at the previous two aspects, the depreciation of the yuan and the rise of the yen, are basic objective factors. There are two main factors that determined my renminbi's decline:
Clause. First, our country's economic development has reached a peak, and there is a more or less bubble in the economy, and in addition, the phenomenon of corruption is relatively large, so it is urgent to make further adjustments.
Clause. Second, Japan is in an economic recovery environment, if Japan raises interest rates this year, then the yen against other currencies will be **.
Clause. 3. Judging from the economic premise of the two countries, the recovery of the Japanese economy will accelerate in the future, so the renminbi will further depreciate against the yen.
Based on the above situation, the current situation shows that our country's renminbi has been depreciating nearly since February this year, because the central bank has formulated policies to squeeze out renminbi speculators, and China's economic growth has slowed down, so investors are not optimistic about the renminbi.
The market now expects the renminbi to resume its appreciation trend by the end of 2016 or early 2017, as China's economy should moderate somewhat, but the upside potential is not large.
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Since last year, the yen has depreciated very sharply, mainly because Japan raised its consumption tax rate in the first half of last year, and the Bank of Japan opened QQE in order to hedge the impact of the consumption tax increase, which led to a sharp depreciation of the yen in the second half of last year.
In the future, in order to continue the reform, it may be necessary to continue to raise the consumption tax to 10%, in that case, the depreciation of the yen may continue, but if the consumption tax is stopped, then the depreciation brought by the consumption tax may come to an end, and the yen will re-enter the stage of consolidation, when the yen's exchange rate fluctuations will not be too obvious, and the overall direction tends to appreciate slightly.
It should also be noted that the yen is a safe-haven currency, and when the global risk aversion is triggered, it will also push the yen higher.
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Users can analyze the situation through trend charts.
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Take a look at the charts for the last year at a glance.
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appreciation, depreciation in recent months.
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At present, the biggest impact on the yen since last year is the Japanese version of QE, that is, Japan's quantitative easing, if Japan maintains quantitative easing or even increases the scale of easing in the future, then it is still bearish for the yen, but if the Bank of Japan reduces the scale of quantitative easing, it is good for the yen.
There is still a long cycle ahead of 2020, and there are many variables in the middle, so it is difficult to say how the monetary policy of the Bank of Japan will change.
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Will the yen rise against the yuan?
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Since the financial crisis has not yet been completely resolved, it is necessary to make people ** the yen (the yen is a safe haven currency), so the yen will continue to rise.
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It is expected that there will be a certain increase, after all, a new version of the yuan just came out a few days ago.
It is expected that the RMB will depreciate by about 20% in the next 5-20 years.
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Answer: If the RMB continues to be strong in a short period of time, the yen will have a more obvious increase against the RMB, otherwise it is unlikely that the yen will take the initiative **, and the yen is still in a passive position.
Exchange rates are constantly changing, exchange rates are dynamic and are subject to the current real-time exchange rate for conversion. Refer to the current exchange rate (2015-09-15): 1 yen = RMB yuan; 1 RMB = Japanese Yen.
For now, the depreciation of the yen is still a high probability event. Mainly because of the re-election now, then the reform is bound to continue, and the reform of a major income - the increase in the consumption tax rate may continue in the future, then the impact on the Japanese economy will be great, then in order to hedge the impact of the consumption tax increase, the Bank of Japan may remain loose or even increase, then the depreciation of the yen will continue.
Hope it helps.
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Hello, judging from the trend of the past two years, the yen will show a trend in the first half of this year, and with the Fed's interest rate hike in the second half of this year, the dollar will also start a new round of **, which means that the yen will **.
The trend of the renminbi is regulated by the central bank, and it will mainly depreciate this year, but China's policy is to maintain stability, and the renminbi will only slow down, and the possibility of a sharp depreciation is very small.
So overall, the yen against the yuan is still going to be ** this year!
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Taking June 12, 15 as the cut-off point, it used to be the depreciation of the yen and the appreciation of the yuan, and then the depreciation of the yuan and the appreciation of the yen.
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The highest point of 2016 for the yen against the renminbi was the highest level recorded after the Brexit referendum result. Due to the strong safe-haven demand for the yen, it is expected that the yen will continue to strengthen against the yuan in the future.
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The main reason for the depreciation of the yen last year was the impact of Japan's consumption tax rate increase, and in the future, the consumption tax rate may continue to be raised in order to continue the reform, so that the Bank of Japan may continue to maintain easing or even increase easing in order to hedge the impact, so the yen will still be dominated by depreciation in the future, but before the actual action of the Bank of Japan, the yen will remain **.
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According to the current real-time exchange rate: Japanese yen = RMB yuan, the transaction price at the bank counter shall prevail.
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We are glad to serve you, this is the [Manual] Consultant Service Line, how can I help you?
Watching? Question: Will the yen still rise?
Will it go up at the end of December?
8) The impact of exchange rate policies of various countries.
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No, China is getting stronger and stronger, and the renminbi will appreciate.
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The main reason for the sharp depreciation of the yen from last year to the present is the impact of the consumption tax increase, and in the future, the consumption tax may continue to be raised in order to continue to reform the reform, once Japan continues to raise the consumption tax, then the Bank of Japan may continue to maintain easing or even increase easing in order to hedge the impact and make the yen continue to depreciate.
However, before the actual action, the yen is likely to maintain a steady appreciation.
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On September 12, 2014, the exchange rate between the Japanese yen and the renminbi was: 1 yen = yuan.
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The sharp depreciation of the yuan is mainly due to the impact of the Bank of Japan's increased easing in the second half of last year.
In the second half of last year, in order to hedge the impact of the consumption tax rate hike in April last year, the Bank of Japan increased easing efforts to implement QQE, which also led to the collapse of the yen, and the yen continued to depreciate.
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Today, the central parity of the RMB exchange rate against the US dollar appreciated by 203 points. Another: 1 euro to the Chinese yuan, 100 yen to the Chinese yuan, 1 Hong Kong dollar to the Chinese yuan, 1 British pound to the Chinese yuan, 1 Australian dollar to the Chinese yuan, 1 New Zealand dollar to the Chinese yuan, 1 Singapore dollar to the Chinese yuan.
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1. On the positive side.
If the local currency depreciates, then the purchasing power of foreign currency is strong, so that a certain amount of foreign currency can buy more domestic products, which means that domestic products are relatively cheap in the international market, so that exports can be increased; On the other hand, if the local currency depreciates, foreign goods** will be expensive, so domestic imports will inevitably decrease. Therefore, the result of the depreciation of the renminbi is to expand exports, suppress imports, increase the surplus, and promote economic development. >>>More
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