Pros and cons of Renming s currency exchange rate appreciation, English, thank you

Updated on Financial 2024-08-08
3 answers
  1. Anonymous users2024-02-15

    The upstairs is obviously copied and you can find it yourself.

  2. Anonymous users2024-02-14

    Currency 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.

  3. Anonymous users2024-02-13

    The 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.

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1. On the positive side.

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