Recently, the appreciation of the renminbi has been very strong, from the perspective of the country

Updated on Financial 2024-06-11
20 answers
  1. Anonymous users2024-02-11

    If you stand in the country's point of view, it is better to lower it a little.

    Because the appreciation of the renminbi is not conducive to exports.

    On the contrary, it will increase imports, which is not conducive to the development of domestic industries.

  2. Anonymous users2024-02-10

    Of course it's good! Rise well! Litre! Good! Rise well! In this question, as the saying goes, it is always better to raise than to decrease. So I think the renminbi has been very strong recently, and from the perspective of the country, it is still rising!

    The five-star red flag fluttered in the wind.

    Send you a beautiful picture, and I wish you a happy life!

  3. Anonymous users2024-02-09

    It's good. It is conducive to enhancing the international status of the renminbi.

    The continued depreciation of the US dollar will greatly reduce the influence of the US dollar in the global currency market, and the continuous appreciation of the RMB will help enhance the international status of the RMB and further promote the internationalization of the RMB. More and more countries are now recognizing the renminbi, and have even signed currency swap agreements with China, and more importantly, dozens of countries have announced that their reserve currencies will use the renminbi. It shows that everyone is still optimistic about the stability of the RMB exchange rate.

    The renminbi appreciated and the dollar depreciated. It is very beneficial for enterprises that like to borrow foreign debt. If the dollar continues to depreciate and the renminbi appreciates rapidly, the pressure on airlines to repay their debts will be reduced.

    At the same time, large domestic real estate companies also like to issue corporate bonds overseas, all of which are denominated in US dollars, and now the US dollar index has depreciated sharply, and the debt repayment pressure of large domestic real estate companies can also be reduced. Therefore, the appreciation of the renminbi and the depreciation of the dollar are beneficial to enterprises that want to borrow US dollar debt.

    The cost of people traveling abroad is lower. For everyone to travel abroad, whether it is plane tickets or other expenses have been reduced. For example, if a plane ticket costs $1,000, it will cost you 7,150 RMB when you buy it in May this year (it was 1:

    Now that the RMB exchange rate has risen, you can buy a plane ticket as long as you use 6,850 yuan, and you can save at least 300 yuan on the plane ticket. After the appreciation of the renminbi, the cost of travel and study abroad will be reduced.

    The cost of importing raw materials and overseas shopping has been reduced. China is the world's processing plant, every year to import a large number of iron ore plants, soybeans and other raw materials, now the appreciation of the yuan, the cost of processing enterprises can be greatly reduced. At the same time, some people who like to shop overseas are also blessed, and after the appreciation of the yuan, it is much cheaper to buy imported goods.

  4. Anonymous users2024-02-08

    The appreciation of the renminbi means that the money in our hands is more valuable, not only for the exchange rate, but also for traveling abroad, which is beneficial to the country and the people, and will also make the country's foreign exchange reserves more valuable. So I think it's better to appreciate the renminbi from the country's point of view.

  5. Anonymous users2024-02-07

    Of course, depreciation is good, and the reasons are as follows:

    1.The appreciation of the renminbi means the depreciation of foreign currencies, so the billions of dollars that the United States owes to China are equivalent to evaporating hundreds of millions out of thin air, and these few hundred million dollars are equivalent to being evenly distributed to the people of the whole country, and we have to work hard in vain to repay the debts of others.

    2.The appreciation of the renminbi will affect the export of national materials, China is a big importer and an exporter, and the appreciation of the renminbi means that the manufacturing cost of the country's products has risen, which is not conducive to the export of actual products and reduces international competitiveness. Especially now that a large number of industries and businesses abroad are paralyzed during the epidemic, China's exports are far greater than imports, which can be said to be a heavy loss.

  6. Anonymous users2024-02-06

    It is good to rise, because if the RMB appreciates, it will bring great benefits to people's lives, for example, you can buy the best things with the least money.

  7. Anonymous users2024-02-05

    The appreciation of the renminbi is not a good thing for itself, because our country's economy has not yet developed to the point where the renminbi continues to appreciate, after all, there are still many poor areas in China, and although the gross industrial production value of our production companies is the second in the world, our per capita GDP is very low, so if the Chinese renminbi rises quickly, it will affect China's exports. It will also affect China's foreign trade, so in these two aspects, it is a big blow to China. In addition, if the renminbi appreciates too quickly, it will have a huge impact on many domestic businesses.

    In the banking industry, for example, the exchange rate becomes unstable and increases the burden on your family or life. Therefore, the appreciation of the RMB is not a good thing on the surface, but a matter that needs to be dealt with carefully, so there is a good choice for the RMB to remain stable or decline in the short term.

  8. Anonymous users2024-02-04

    I think from the perspective of the country, the appreciation of the renminbi is better, if you want to be promoted, the country's economy will be more beautiful and more comprehensive, so the appreciation of the renminbi is better. Moreover, the renminbi has a higher and higher status in the world. I think from the perspective of the country, the appreciation of the renminbi is better, if you want to be promoted, the country's economy will be more beautiful and more comprehensive, so the appreciation of the renminbi is better.

    Moreover, the renminbi has a higher and higher status in the world. I think from the perspective of the country, the appreciation of the renminbi is better, if you want to be promoted, the country's economy will be more beautiful and more comprehensive, so the appreciation of the renminbi is better. Moreover, the renminbi has a higher and higher status in the world.

  9. Anonymous users2024-02-03

    From the country's point of view, whether it is better for the renminbi to appreciate or depreciate cannot be generalized, but depends on the specific needs of the country.

    First, if the unemployment rate in our country is very high, then the depreciation of the renminbi will be conducive to solving the problem of unemployment, because the depreciation of the renminbi is conducive to the export of our country's products, and when the export volume of products continues to rise, the factory will organize larger-scale production, so as to recruit more workers, so as to play a role in solving the problem of unemployment.

    Second, when our country's resources are scarce and we need to import a large number of resources, then the appreciation of the renminbi will be beneficial to us. Because the appreciation of the renminbi is equivalent to the increase in the purchasing power of the renminbi, if we use a small amount of renminbi, we can buy a large amount of resources from abroad.

    From these two points, it can be simply understood that when the country re-exports, then the depreciation of the renminbi is beneficial. When the country imports heavily, then the appreciation of the renminbi is beneficial.

    There are three reasons for the recent appreciation of the renminbi:

    1. The U.S. currency is over-issued, resulting in the RMB exchange rate.

    2. As China has achieved relatively good results in the fight against the new crown epidemic, the economic operation has been restored, while the United States has made no end point in controlling the epidemic, resulting in many people losing confidence in the future trend of the US economy, thus converting part of the legacy into RMB hedging.

    3. China's financial opening to the outside world allows foreign countries to operate wholly in China, so it has attracted some capital to bring in a large amount of foreign capital and exchange a lot of RMB, which leads to appreciation.

    Judging from the current economic development situation in China and the United States, as well as China's increasing opening up to the outside world, the renminbi will further appreciate, and it will also gain more ability to accelerate internationalization. However, it is still difficult for the renminbi to replace the dollar.

  10. Anonymous users2024-02-02

    Of course, it is better to increase the value of the goods, so that we can buy more foreign goods with the least money, which will not only promote our economic development, but also improve our living standards.

  11. Anonymous users2024-02-01

    Recently, the appreciation of the renminbi is very good, from the perspective of the country, the appreciation of the renminbi proves that the country's economic strength has increased, and the proportion of the global economy is larger, so from the national point of view, the appreciation of the renminbi is better, and the renminbi will lead to the decline of the country's credit rate and economic position in the world.

  12. Anonymous users2024-01-31

    Recently, the appreciation of the renminbi has been relatively strong, and from the perspective of the country, it is better to appreciate, which is conducive to our import of foreign things. With the development of China's economy, it has great requirements for energy. China can introduce rare earth resources into China and store them in large quantities and use them as strategic resources in the future.

  13. Anonymous users2024-01-30

    It's still worth the money, anyway, I don't have an export, it's none of my business. It's good to travel and have money.

  14. Anonymous users2024-01-29

    Recently, the appreciation of the renminbi has been very strong, and from the perspective of the country, it is a good rise. Because the appreciation of the renminbi means that the exchange of the renminbi into foreign currencies has increased, which is equivalent to using the same value of money to buy more foreign goods, so the value has increased for us, so it is better for the renminbi to appreciate.

  15. Anonymous users2024-01-28

    Recently, the appreciation of the renminbi has been very strong, and from the perspective of the country, it must be that the renminbi appreciates well. The same 100 yuan, when importing products, can be used as 120 yuan, this is the benefit of appreciation, China is a resource-poor country, many things have to rely on imports, the appreciation of the yuan, you will not see more things, which is a good thing to balance prices.

  16. Anonymous users2024-01-27

    Recently, the appreciation of the RMB is relatively strong, from the perspective of the country, it must be to enhance the value of the RMB, if you may increase when exchanging foreign exchange, this certain risk and insolvency, this is a better one, you can judge the future trend of the RMB, including a reserve given to the country when you exchange foreign exchange.

  17. Anonymous users2024-01-26

    Personally, I think it should be better. First, China's renminbi appreciation is because of the development of our economy and the country's prosperity, so that the renminbi itself has a higher value, and second, the renminbi appreciation should be based on our own economic development level, so as to better serve the economy.

  18. Anonymous users2024-01-25

    Recently, the appreciation of the RMB is very strong, from the perspective of the country, this wave of appreciation is still beneficial to China, indicating that the international market is optimistic about the RMB, the purchasing power of the RMB has increased, although it has an impact on Chinese export enterprises, but recently because of the epidemic, the list of Chinese export enterprises is also very small, and the impact is relatively small.

  19. Anonymous users2024-01-24

    There are many theories of exchange rate determination, compared with the classic purchasing power parity theory when reached, that is, when there is no tariff and a series of transaction costs, the actual value of goods expressed in the currencies of various countries should be equal, and the real value of goods determines the changes in the exchange rates of various countries, among which the factors that affect the changes in a country's exchange rate are inflation, labor productivity, the intervention of the national monetary authorities, international capital flows, etc., but the impact is the exchange rate parity.

    In fact, the country ** can control the exchange rate in a short period of time, provided that you have enough foreign exchange reserves, strong foreign exchange reserves are the fundamental force that dares to exchange the currency exchange rate, not determined by foreign countries not recognized, suppose, the People's Bank of China said that the yuan against the dollar is 6:1, the United States said no, the yuan is overvalued, it should be 1:8, so he will choose to throw out the yuan, buy dollars, but China ** has strong foreign exchange reserves, throw a large amount of dollars to him, buy the yuan, In this way, the renminbi, supported by foreign exchange reserves, may not be subservient to the will of the United States and depreciate.

    On the other hand, when foreign countries buy and undervalue the renminbi, the People's Bank of China is the issuing organ of the renminbi, and how much they throw at them is only a matter of the speed of the machine.

    As for why the exchange rate of the renminbi is used to criticize China, this problem is much more complicated, not a sentence or two sentences can be said clearly, the recent period of the dollar against the renminbi not only depreciated, but on the contrary, it has appreciated, there are reports that the United States forced China to agree to open a renminbi settlement point in the United States, to put it bluntly, it is to form a renminbi trading market in the United States that is not controlled by China, much like the United States in the 80s of the last century to make the Nikkei index to hit the Japanese financial market, if so, Then it can be understood that the criticism is that the drunkard does not mean to drink, but cares about the establishment of the RMB overseas trading market, let time verify.

    Personal opinions, corrections are welcome.

  20. Anonymous users2024-01-23

    RMB appreciation, first of all, in the country, the appreciation of the RMB leads to an increase in the cost of various industrial products, the increase in the cost of goods will increase the cost of goods, and the price of goods is likely to lead to an increase in CPI, which may lead to inflation, and eventually lead to a depression in the domestic economy. This is how Japan's economic depression in the 20s came about, which led to the stagnation and regression of the Japanese economy for more than 10 years.

    In foreign countries, the renminbi is still a self-institutional currency, not as good as the dollar and the euro to affect the international market, the appreciation of the renminbi relative to the depreciation of the dollar, this is only the external market, in the United States does not have much impact, but for the United States in the Chinese market and appear that the cheapness of American goods, for the dollar-dominated countries to seize the Chinese market has a great advantage.

    For our country, due to the rapid economic development, in the case of instability in the foreign market, we may lose the international market, resulting in inflation of industrial products without market value, and eventually economic depression, aggravating the uneven distribution of wealth, and deepening the contradiction between the rich and the poor will make the country unstable.

    But at the same time, it is also an opportunity, if we stabilize our economy and the international market we already occupy; The appreciation of the renminbi against the US dollar is a way to enter the international market, and it may also make the renminbi an international currency and affect the economy of the whole world. But it's difficult and unlikely. China's comprehensive economic strength is very backward, outside the top 100.

    The actual national strength is not as strong as imagined.

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