If one day, the renminbi depreciates sharply, what will rise?

The U.S. dollar is the first reference object of the RMB benchmark exchange rate, if you are referring to the depreciation of the RMB exchange rate, then the depreciation of the RMB means that the US dollar is a significant increase relative to the RMB. USD CNY ** has risen sharply, that is, the RMB has depreciated sharply, so it must be the US dollar that must rise.

But as for the rise of the dollar, ** and whether oil will rise, that is another correspondence.

First of all, it is necessary to analyze whether the depreciation of the renminbi is the result of external factors or the result of China's internal causes.

If it is caused by the strong ** of the US dollar, (that is, the US dollar is relatively large relative to other currency pairs), then the sharp depreciation of the RMB at this time has nothing to do with other currency pairs or commodities**. Because this result is due to the strength of the dollar.

If this depreciation is caused by China's economic and trade environment, and the monetary policy adopted by the People's Bank of China wants to depreciate the RMB, and the US dollar is only passively relative to the RMB, it has little to do with oil and oil.

Of course, in the context of economic globalization, especially in the context of China's rising economic strength and deepening global penetration, if the renminbi depreciates sharply, it will have an impact on other currency pairs and even commodities.

Is it possible for the RMB exchange rate to depreciate significantly?

There is no need to talk too much about the big reason, according to the trend of depreciation of the renminbi since the founding of the People's Republic of China, it will continue to depreciate in the future, and the depreciation will be greater, so if you have money, don't deposit it in the bank, and use investment to maintain its value. ** And oil will rise when bought in RMB

The RMB exchange rate has depreciated sharply, depreciating by nearly 1,400 points in 4 days, and the direct cause of the rapid depreciation of the RMB is the strengthening of the US dollar. The disadvantages of the depreciation of the renminbi are also obvious, and many importers and exporters do not do well in import business.

The sharp depreciation of the RMB exchange rate is something that we did not expect, after all, we were still watching the news of the sharp depreciation of the yen against the RMB a few days ago, and we did not expect that the protagonist of the news became the RMB in our pockets. For ordinary people, the depreciation of the renminbi has no effect, but for importers, the depreciation of the renminbi brings a disguised increase in costs. <>

The RMB exchange rate has depreciated sharply, and the key factors for the depreciation of nearly 1,400 points in 4 days: the US dollar has strengthened, and the domestic economy has great downward pressure

The RMB exchange rate has depreciated sharply, depreciating by nearly 1,400 in 4 days, so many people are surprised, and at the same time they are thinking about why this phenomenon occurs. First of all, the strength of the US dollar is an important reason for the sharp depreciation of the RMB exchange rate, with the strengthening of the US dollar in the world, currencies other than the US dollar basically follow the strength of the US dollar and begin to weaken, and the sharp depreciation of the RMB exchange rate is born. Secondly, due to the impact of the epidemic in China, the current downward pressure on the economy is very great, and the products of the foreign industrial system have a continuous impact on China, and it is normal for the RMB to not fall for a short time under this impact.

The disadvantage of the sharp depreciation of the RMB exchange rate: the import business is not easy to do

With the sharp depreciation of the RMB exchange rate, this is a bad thing for the purchasing power of our currency, which also shows that we used to buy 100 pieces of imported goods, and now we can basically only buy 90 pieces, which is extremely unfriendly to people who do import business, and the purchasing power is discounted, which means that the cost has increased by more than 10% in disguise. In addition to higher costs, the depreciation of the renminbi will lead to a greater say in the export of goods by foreign exporters, who can price what they want and how they want to transact, which means that our voice is weaker, and the resulting additional costs will increase. In general, the import business is just not good.

I think the most important factor in the depreciation of the renminbi is the shutdown of many factories, in March and April this year, due to the collapse of the number of factors, factories and construction sites began to operate at full capacity, Chinese households and some private enterprises may reduce investment in capital goods and housing, so the rapid depreciation of the renminbi.

It has been affected by the market due to filial piety, the impact of international shortage factors, the impact of speculation, the impact of the epidemic, and the impact of some companies.

It is directly related to the Fed's interest rate hike, which has affected many countries, and the current foreign exchange rate is relatively stable.

Mainly because of the impact of the epidemic, now that the epidemic is more serious, most people will not use RMB, but choose to use electronic currency.

It is impossible, because this year if the yuan is not strong, it will be harvested, and now the euro, South Korean won, etc. are making the national currency strong, if the yuan is not strong, it will be eaten by the dollar, and the specific strength must be higher than the dollar. Moreover, this year, the renminbi has undergone exchange rate reforms, and it will no longer closely follow the dollar, but will let it float freely to encourage its appreciation. Now in the global epidemic, the appreciation of the RMB has little impact on exports, and it is an opportunity for appreciation.

For ordinary taxpayers in China!! If you don't go abroad! Whether it goes up or down! The counter-evidence is that taxpayers have to pay more!

International prices have risen! Horse**! International prices have fallen! Let's analyze the reasons first!!

I don't know how much you mean by big devaluation.

The RMB exchange rate can fluctuate between 5:1 USD and 10:1 USD. Now it is 7, there is still 3 room for depreciation, and there is still 2 room for value-added, and the future is possible.

Whether it will depreciate depends on the economy, and if our economy is overheated, consumption is strengthened, and inflation grows too fast, then the renminbi will inevitably appreciate. On the other hand, if our consumption is insufficient and there is deflation, then the renminbi will inevitably continue to depreciate.