Why did the exchange rate of the US dollar against the yuan suddenly fall

The sudden drop in the exchange rate of the US dollar against the yuan is due to the fact that the epidemic in the United States has not been controlled, while the epidemic in China is under control and the economy is developing well.

Because of the changes in the international economy and the changes in economic policies, he has changed.

The exchange rate of the US dollar against the yuan suddenly fell. The exchange rate changes daily. The epidemic in the United States is severe, and the US dollar has declined and the RMB has appreciated.

The exchange rate of the US dollar against the yuan suddenly fell, this is because of the impact of the epidemic, this is a matter of the whole world.

The exchange rate between the U.S. dollar and the renminbi fluctuates and may fluctuate or decrease due to the decline in international economic relations.

The exchange rate of the US dollar against the yuan has suddenly fallen, and it is normal for this oil to fluctuate, so there is no need to worry about it.

The exchange rate at which the US dollar is exchanged against the Chinese yuan. Most of them are determined by the international financial situation.

Currency exchange. 1 USD = RMB.

1 RMB = US dollar.

It is because the renminbi has appreciated recently, from 7 to more.

United States Dollar Currency abbreviation: USD; ISO 4217 Currency**: USD; Symbol:

usa$) is the legal tender of the United States of America, the Republic of El Salvador, the Republic of Panama, the Republic of Ecuador, the Democratic Republic of Timor-Leste, the Republic of the Marshall Islands, the Federated States of Micronesia, the Republic of Kiribati and the Republic of Palau.

This is indeed because we know that the current overall ** is indeed not particularly good, so it has become like this.

Why did the exchange rate of the renminbi suddenly fall? This may be based on a current exchange rate.

At present, the exchange rate of the US dollar to the RMB is in the first place, and the RMB exchange rate has been twice at the 7 mark, which is the central bank's rescue to save the day. The first time is to initiate the countercyclical factor. The second time is that the Sino-US ** friction has cooled down, and the central bank wants to issue central bills in Hong Kong, which has hit the overseas RMB short-selling forces.

In the past few days, the RMB exchange rate has a trend, and the probability of challenging the 7 mark again is increasing.

So, why does the USD/RMB exchange rate show the best trend? There are three main factors for this: First, the US dollar index continued to strengthen due to the Fed's interest rate hike and the stabilization of the US economy, which put pressure on non-US currencies and the depreciation of the RMB exchange rate.

In fact, due to the sharp dollar index**, other non-US currencies fell faster than the yuan.

In addition, the domestic economy is not out of the V-shaped reversal as expected, but in an L-shaped way, which leads to concerns about China's economic prospects. In particular, the financial data released in October, whether it is the number of new loans, the total amount of social financing, and the growth rate of M1 and M2, are far less than expected, and the real estate has begun to cool down, and the RMB is currently under greater downward pressure.

Finally, monetary policy continues to be loose, the central bank has cut the reserve requirement ratio four times in a row, and now financial institutions are not bad for money, a large amount of liquidity is rotating in the financial system, money market interest rates are falling again and again, and the yield of the cargo base has also fallen. This has led to the proliferation of the renminbi in the financial system, and it is inevitable that the renminbi exchange rate will come under pressure.

In the future, the exchange rate of the US dollar against the RMB will show a trend, but the RMB cannot be large, because once the RMB exchange rate falls irrationally, China's central bank will use exchange rate management tools to regulate and control. The central bank's current intention is to "protect the economy and stabilize housing prices", allowing the RMB to depreciate moderately, but if there is a large depreciation and it becomes a trend, the central bank will definitely intervene. This is because the renminbi's trend will lead to more capital outflows, which will jeopardize China's economic and financial security.

Hello, the exchange rate is unlikely to rise in the US dollar. The trend of the RMB against the US dollar is relatively stable, the US dollar index did not cause the RMB to rise and fall, the RMB fluctuations are more balanced, although there is still ** against the US dollar, but the decline is relatively convergent, and there is a significant ** trend for non-US currencies, the US dollar index will not cause the depth of the RMB ** in the future, mainly small fluctuations, by the end of the year to be able to ensure that it does not break 7 It is not easy, unlike the South Korean won and the yen fell out of the historical level, so do not bet on the depreciation of the RMB, It is necessary to believe that the renminbi will fluctuate steadily.

There are two major US hegemonys**: monetary hegemony (the US dollar) and military hegemony The currency is backed by force. In the Iraq War, Saddam Hussein announced that in addition to the dollar, he could also buy Iraqi oil in euros.

Gaddafi announced even more arrogantly that he only recognized **, so without waiting for the United States to make a move, the European Union, Britain and France will clean him up Russia, with the exception of Russia, directly announced its decoupling from the US dollar and declared the US dollar an illegal currency. This is a testament to military strength. The U.S. dollar index has been strong**, mainly due to the need for the dollar to repatriate.

If the dollar does not return, then the harvest cannot be completed. This is one of them.

Monetary hegemony (the dollar) and military hegemony currencies are backed by force. In the Iraq War, Saddam Hussein announced that in addition to the dollar, he could also buy Iraqi oil in euros. Gaddafi announced even more arrogantly that he only recognized **, so without waiting for the United States to make a move, the European Union, Britain and France will clean him up Russia, with the exception of Russia, directly announced its decoupling from the US dollar and declared the US dollar an illegal currency.

This is a testament to military strength. The U.S. dollar index has been strong**, mainly due to the need for the dollar to repatriate. If the dollar does not return, then the harvest cannot be completed.

This is one of them. Hello. Will it go up next week?

Hello dear, this one maybe.

Okay, I see! It's that the dollar will go up in 2023, right? Yes.

The decline in the exchange rate of the renminbi against the U.S. dollar means that the renminbi depreciates and the U.S. dollar appreciates.

The renminbi against the US dollar** indicates that the renminbi has depreciated, and to buy goods priced in the same dollar, the Chinese need to take more money to buy them. This will discourage Chinese imports** and benefit China's exports**. However, in the long run, fluctuations in the RMB exchange rate are normal, and there are conditions to maintain long-term stability.

The same amount of renminbi can only be exchanged for a smaller amount of dollars relative to earlier. This exchange rate has an impact on the country's exports, and if the dollar is strong, people are more inclined to store dollars, then the desire to export will increase.

What does the decline in the offshore renminbi exchange rate mean?

The depreciation of the RMB against the US dollar refers to the decline of the RMB against the US dollar. That is to say, to buy goods priced in the same dollar, the Chinese need to take more money to buy, which will inhibit China's imports**, which is conducive to China's exports**.

The exchange rate ranges from 6 to 7, which means that the same Chinese goods are lower in the US dollar market**. Good for exports, on the contrary for imports, because the dollar has appreciated. The original $1 thing was changed from 6 RMB to 7 RMB.

The value of the commodity has not changed. But for China. It's up.

It is not good for imports**. To sum it up: it is good for exports, not good for imports.

From this, it is reversed.

China is directly priced, the exchange rate has fallen, and the renminbi has appreciated against the dollar, I understand it this way, I don't know what the gods have to say.

The renminbi depreciated and the dollar appreciated.

A rises against B and A appreciates.

A against B falls, A depreciates.