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According to the result of the exchange rate conversion, the amount of RMB corresponding to 5,000 yen is:300.35 yuan, the spot rate is, the forward rate is
This means that if you exchange 5,000 yen for yuan on the same day or the most recent working day, you can get 30035 yuanIf you exchange 5,000 yen for RMB on an agreed date in the future, you can get 30075 yuan.
Of course, this is only a reference value, you need to convert and convert according to the actual situation and the latest exchange rate.
The exchange rate is determined by the relative value of two currencies, and it reflects the purchasing power of one country's currency relative to another's currency.
The composition of the exchange rate is mainly determined by two factors: the supply and demand of the currency, and the purchasing power of the currency.
The supply and demand of money are determined by the balance of payments items such as internationalization, investment, tourism, aid and borrowing between a country and other countries, which reflects the supply and demand of a country's currency in the international market.
The purchasing power of a currency is determined by the price level and inflation rate of a country, which reflects the purchasing power of a country's currency in the domestic market. Generally speaking, the supply and demand of money determine the short-term fluctuations of the exchange rate, and the purchasing power of the currency determines the long-term trend of the exchange rate.
The exchange rate is the result of a combination of economic and political factors, and it reflects the overall strength and competitiveness of a country and other countries.
The main factors influencing the exchange rate are as follows:
The first is international investment and investment, the second is monetary policy and fiscal policy, the third is market psychology and expectations, and the fourth is emergencies and crises.
International** and investment are the most direct and important factors affecting the exchange rate, which determine the balance of supply and demand and the balance of payments of a country's currency. Generally speaking, a country's ** surplus or net investment inflow will lead to an increase in the value of the national currency, and vice versa, it will lead to a depreciation of the national currency.