The renminbi is expected to appreciate because the renminbi is undervalued, how should it be underst

Because the undervalued exchange rate is to return to value, that is, there is the possibility of expected appreciation when undervalued, so speculative funds will certainly not let go of this opportunity to make a fortune.

Supplement: Because appreciation depends on the country's exchange rate policy, if the country's exchange rate is fixed or ** depressed exchange rate, even if it is undervalued, it will not necessarily appreciate, so for speculative funds, it may be a bet, just like the exchange rate of the RMB, now it is a bet to keep appreciating, but in fact, whether it will continue to appreciate unilaterally, there is uncertainty.

The renminbi is undervalued, but this is in line with China's national conditions, and even if it is adjusted, it will be a long time.

1.The exchange rate reflects the comparison of comprehensive national strength between countries, and the actual ability to pay and the theoretical value of a country's currency are different, and the monetary policy of each country is also different.

2.For example, we are familiar with the exchange rate between Japan and the US dollar is more than 100, Japan adopts a low exchange rate policy, and the Japanese economy has the problem of resource shortage, so Japan maintains economic development by reducing the exchange rate to promote exports, in fact, Japan is recognized as a developed country, but his exchange rate is lower than China's.

3.China's low exchange rate policy, decades of reform and opening up, low exchange rate is not tight, which has increased the competitiveness of Chinese products in the international market, and has also attracted a lot of international funds to invest and develop in China.

4.These international capital have been in China for many years, and many assets are fixed assets, once the RMB appreciates, the most direct beneficiary is them, and the international capital will withdraw from China! A major divestment would be devastating for China.

5.The international community has put a lot of pressure on China, and a lot of hot money to bet on the appreciation of the renminbi has come in, and the money that goes into his pocket will drive him away? Adjusting policies should also digest these funds to serve the Chinese people!

The main reason for the sharp depreciation of the renminbi is the continued strength of the dollar index. Behind this is the constant interest rate hikes in the United States, which have pushed the dollar higher. If the dollar index appears**, then it will be difficult for the exchange rate of the yuan against the dollar to rise, and there may even be a certain degree of adjustment.

From the perspective of the RMB itself, it may be affected by various market factors and psychological factors in the short term, but in the medium and long term, it will still return to fundamentals. In the future, the exchange rate of the RMB will be at an equilibrium level, rising if it falls more, falling if it rises more, rising and falling, and going up and down in both directions.

Therefore, don't have too much ** on the RMB exchange rate, and don't use this ** to guide future investments. The process of RMB depreciation should be the process of RMB assets rising, not the process of rising. With the further intensification of inflation in the United States, the Federal Reserve's further interest rate hikes have increased the pressure on the RMB to depreciate, and the depreciation of the RMB has exceeded the appreciation of the US dollar index.

Some scholars have pointed out that in order to prevent the depreciation of the renminbi and the outflow of capital, it is necessary to make efforts to choose an exchange rate policy and monetary policy. China's monetary policy must be formulated according to the domestic economic situation, and cannot be hijacked by the exchange rate, which is the core policy of China at present. China is the world's second largest economy, and in the process of adjusting its monetary policy, it is necessary to give full consideration to the needs of China's economic development and the influence of the renminbi in the international community.

Only in this way can the exchange rate policy be effectively integrated with the monetary and fiscal policies, calmly cope with the impact of the foreign economy, and achieve an effective balance in the domestic economy. In addition, we should speed up the improvement of the international pricing system and the international monetary system to mitigate or avoid the damage of the unfair international monetary system to China's economy.

Generally, it is because the country's influence in the global economy is reduced, which will lead to the depreciation of the RMB, and the exchange rate of the RMB is actually related to the economic development of a country.

In fact, it was affected by the epidemic, and my country has also recently cut the RRR and interest rates, which has hit it more seriously.

Answer]: B, C

The appreciation of the renminbi is relative to other currencies, which means that the purchasing power of the renminbi has increased. The most obvious change brought by the appreciation of the renminbi to domestic consumers is that the renminbi in their hands is "more valuable". For example, in the international market, you can only buy one unit of goods for one yuan, but after the appreciation of the RMB, you can buy more units of goods, so studying or traveling abroad will cost less money than before; Or rather, if you buy imported products, their ** becomes "cheap".

It is beneficial for China's imports, or foreign exports to China. Item B is correct, item D is incorrect; The appreciation of the renminbi will lead to an increase in China's original orange soil products and a decline in the competitiveness of China's export products. Therefore, it is not conducive to China's exports, item A is wrong, and item C is correct.

RMB appreciation: It is relative to other currencies, that is, the purchasing power of the RMB increases. The reason for the renminbi's appreciation is due to internal dynamics in China's economic system and external pressures.

Internal influencing factors include the balance of payments, foreign exchange reserves, price and inflation, economic growth and interest rates.

RMB depreciation:

Currency depreciation (also known as currency depreciation) is the symmetry of currency appreciation, which refers to the decline in the value contained in or represented by a unit of currency, that is, the decline of a unit of currency**.

Advantages: 1. It is conducive to China's imports.

2. The cost of raw material import-dependent manufacturers has decreased.

3. The ability of domestic enterprises to invest abroad has been enhanced.

4. The profits of foreign-invested enterprises in China have increased.

5. It is conducive to the study and training of talents abroad.

6. The pressure on repaying principal and interest on foreign debts has been reduced.

7. It is more cost-effective to sell Chinese assets.

8. The international status of China's GDP has improved.

9. Increase state tax revenue.

10. The international purchasing power of the Chinese people has increased.

Disadvantages: 1. It is not conducive to China's exports.

2. It may exacerbate market speculation.

3. China's advantage in attracting overseas investment has weakened.

4. Reduced exports may lead to increased pressure on domestic employment.

5. It may lead to deflation.

6. Industries that rely solely on first-class advantages have been impacted.

7. There may be a "get-rich-quick effect".

8. It may exacerbate the expenditure burden of low-income groups.

More money and less things are depreciation, and on the contrary, appreciation is appreciation.

Answer]: B, C

If the renminbi appreciates, then China's purchase of 12 foreign goods will decline, and China's exports of foreign goods will rise, which is obviously not conducive to the export of Chinese goods, and Naidan is conducive to the entry of foreign goods into China. Therefore, BC was chosen.

Experts say that the renminbi's exchange rate itself is relatively stable, and even if the renminbi's exchange rate depreciates in the short term, this does not mean that the renminbi will continue to depreciate.

To a certain extent, because the exchange rate of the renminbi foreign exchange market itself is relatively stable, after the exchange rate of the renminbi against the US dollar is reached, although this phenomenon will lead to a further reduction in the purchasing power of the renminbi, this is not a completely bad thing. At the same time, if the renminbi can choose to raise interest rates at the same time, there is basically no continuous depreciation of the renminbi, and we do not need to worry about the negative factors caused by the depreciation of the renminbi. <>

Experts say the renminbi's exchange rate itself is relatively stable.

According to experts, although the exchange rate of the yuan is in a short period of time, this does not mean that the exchange rate of the yuan will last. After the RMB exchange rate breaks through, the RMB exchange rate will be stable for a long time. In the process, the lower exchange rate of the renminbi will actually benefit our economic development, and we can further achieve economic recovery in this way.

The exchange rate of the renminbi is mainly withFederal Reserveof interest rate hikes.

Strictly speaking, after the Fed raises interest rates further, not only our RMB exchange rate.

There will be a decline in almost all countries and regions.

The exchange rates have depreciated to varying degrees. When other countries and regions depreciated by more than 20 percent, our renminbi was only depreciating against the dollar. If we compare it with other currencies, the exchange rate of the renminbi against the currencies of other countries has gradually appreciated.

In general, the RMB simply does not have the basis for continuous depreciation, especially in the case of such a large volume of our **, we do not need to worry about the reduction of purchasing power caused by the depreciation of the RMB. Because the RMB exchange rate itself is relatively stable, we need to be optimistic about the long-term development space of the RMB exchange rate.

In recent years, there has been a debate about whether the RMB exchange rate will depreciate, and some wealthy people are making choices with practical actions, some selling domestic factories and enterprises to exchange for foreign currency, some by relocating factories overseas to preserve the so-called monetary wealth, some pretending to acquire overseas assets to achieve currency transfer, and of course, some people emigrating overseas, thinking that becoming foreign citizens and holding US dollars can be regarded as the realization of their "life dream". This is all wishful thinking. This is because the renminbi has no basis for depreciation, but has great potential for appreciation.

The exchange rate is an indicator of the total labor productivity and wealth accumulation of two countries. The core factors that determine the exchange rate of a country's currency are the country's labor efficiency (production capacity) and wealth stock. The stronger the productive capacity, the stronger the exchange rate will inevitably be:

The larger the stock of wealth, the stronger the exchange rate.

We can look at the logic. In a country that is poor and white, and the common people have problems eating and dressing, will its exchange rate be strong? Of course not.

Because in this case, money cannot buy much in the country, things are scarce and expensive, and the less there is a stock of wealth, the higher the price of wealth.

The poorer the country, the weaker the domestic purchasing power of its currency, which is why Zimbabwe – toilet paper wraps are worth billions of dollars. Conversely, if a country's wealth is extremely large and its currency has strong purchasing power, the country's currency exchange rate will inevitably be strong. On the other hand, if a country's wealth is not too much, but the country's labor efficiency is high and the ability to create wealth is strong, the future purchasing power of the country's currency will continue to rise, and the country's currency exchange rate will also be very strong.

In the decade from 2005 to 2015, China's RMB exchange rate was able to appreciate from the fact that it was able to appreciate from the road.

Liu Guoqiang, deputy governor of the central bank, said that the renminbi has not seen a comprehensive depreciation. At present, China's foreign exchange market is operating normally, cross-border capital flows are orderly, and although the spillover effect of the US monetary policy is affected, the impact is controllable. This is due to the fact that China's economy has not changed in its long-term positive fundamentals, and its economic resilience is relatively strong.

If the economic situation can be stabilized, then the renminbi will also be lenient.

Experts said that the RMB exchange rate remains basically stable against a basket of currencies, and there is no basis for continuous depreciation, so we need to be patient.