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Anonymous users2024-02-15The upstairs is obviously copied and you can find it yourself.
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Anonymous users2024-02-14Currency depreciation in English is as follows:
currency devaluation。
widespread currency devaluation never set off a global economic disaster.
Widespread currency depreciation did not unleash a global economic catastrophe.
this loss of competitiveness can no longer be compensated for by currency devaluation.
Today, this loss of competitiveness can no longer be compensated for by currency depreciation.
this will trigger a currency devaluation spiral that will hit europe the most.
This will trigger a downward spiral in the dollar, and Europe will be hit the hardest.
in the euro zone, moreover, countries cannot easily mitigate the impact through looser monetary policy or currency devaluation.
Moreover, it is difficult for eurozone countries to mitigate this effect through loose monetary policy or depreciation.
most leaders therefore find currency devaluation so unthinkable that, at first glance, austerity seems to be the only choice.
As a result, a currency devaluation would seem unthinkable to many leaders, and at first glance fiscal austerity seemed to be the only option.
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Anonymous users2024-02-13The appreciation of the RMB exchange rate, that is, the appreciation of the RMB**, and the exchange rate under the direct price decline.
The exchange rate can be understood as **, and if the exchange rate rises, ** rises.
In the expression of the exchange rate, there are two main forms: one is to express the number of local currencies converted into units of foreign currency, which is the direct pricing method, such as China's 100 US dollars = RMB, the meaning of the increase in the exchange rate under this method is that the number of units of foreign currency converted into local currency has increased, that is, the local currency has depreciated; The other is how much foreign currency is converted into a unit of local currency, which is called the indirect pricing method, under which the increase in the foreign exchange rate means that the local currency has appreciated.
The vast majority of countries in the world use the direct pricing method, so there is no special explanation, the direct pricing is the default pricing, and the exchange rate rises to the depreciation of the local currency. The exchange rate generally refers to the exchange of foreign currency for RMB.
The rise in the RMB exchange rate shows that our things are more valuable, but other people's purchasing power is limited, that is to say, our things are expensive, and the money that others have is limited, so that people will buy less, and in this way, it will cause industrial investment to be transferred to foreign countries, which is not conducive to our development.
1. The benefits of RMB appreciation:
The appreciation of the renminbi may mean an increase in the status of the renminbi and an increase in the status of China's economy in the world economy. >>>More
I personally understand.
Because the only international currency is the US dollar, everything must be measured in the US dollar. >>>More
Printing dots are definitely not a no-no.
Those who have studied politics should know that this will cause inflation, prices, and it is the common people who suffer. >>>More
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