RecentlyRMBThere was a wave of rapid appreciation against the dollar, and the exchange rate increased from 73 fell below 71. The appreciation is more than 2%. The appreciation of the renminbi against the US dollar is mainly due to the depreciation of the US dollar. What impact will this round of appreciation have on ordinary people?
This timeRMBThe appreciation against the US dollar is mainly due to the depreciation of the US dollar. The dollar is depreciating because of the Federal ReserveMonetary policyChanges. Changes in the value of a currency depend mainly on the central bankMonetary policy。In looseMonetary policyDown,Amount of currencywill increase, and when the demand does not change much, the currency **will**, ieCurrency depreciation。In the past two years, in order to control internal inflation, the Federal Reserve has raised interest rates by a large margin, from 0 to 025% quickly increased to more than 5%, leading to a rapid appreciation of the dollar. However, as inflation in the United States has fallen, the Federal Reserve has stopped raising interest rates and is expected to cut rates within the next year. The market has reacted in advance and also released easing signals, which led to the depreciation of the dollar, which in turn triggeredRMBAppreciation against the US dollar.
1.Asset depreciation:RMBAn appreciation against the U.S. dollar means that the value of the U.S. dollar assets held will depreciate. Currently in US dollars in some domestic banksDeposit interest ratesHigherRMBDeposit interest rates, attracting some people to deposit dollars. However, once the dollar pairedRMBdepreciation, the interest advantage of US dollar deposits may disappear or even be lost. Therefore,RMBAppreciation against the US dollar will directly lead to a depreciation of US dollar holdings.
Imported goods**Drop:RMBAppreciation against the U.S. dollar will reduce the value of the U.S. dollarImported goodscost, such as the original need for 7$3RMBBuy 1 dollar item, now only 7$1. When the cost of imports decreases, it will bringImported goods** Decline is possible.
InvestmentsMarket Impact:RMBAppreciation against the dollar may be for othersInvestmentsThe product makes an impact. For example,May benefit:RMBAppreciation against the US dollar, because it is conducive to the inflow of foreign capital into our country。In addition,RMBAppreciation against the dollar may also be rightGold priceMake an impact, pushGold price
In general,RMBThe appreciation of the US dollar does not only affect those who hold US dollar assets, but may also affect themImported goods** and othersInvestmentsManage your moneyMarket. Ordinary people should be aware of the risk of depreciation of assets and pay close attentionForexchanges in the market to better respond to possible impacts.
RMBThe appreciation of the dollar is not only internationalEconomyThe changes in the environment are also reflected in ChinaEconomythe dynamism and confidence of the market. For me personally,RMBThe direct impact on the appreciation of the dollar may be smaller, but in theInvestmentsManage your moneyWe need to be more cautious. At the same time, it is also necessary to strengthen theForexAttention and understanding of the market in order to better grasp and respond to the opportunities and challenges brought about by market volatility. The most important thing is to keep rational thinking, not blindly follow market sentiment, and make accurate decisions.