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The Impact Of The U.S. Dollar On The Decline Of RMB Exchange Rate
Feb 02, 2018

The Impact of the U.S. Dollar on the Decline of RMB Exchange Rate:

US Dollar Hopes for RMB Appreciation: Economy Determines Politics, US Demands Renminbi Appreciation;

Appreciation timing: Although in the long run, if RMB appreciation, commodity exports will be reduced, resulting in some domestic enterprises underemployment, workers lose their jobs, thus affecting the social stability;

Affect the Import and Export Trade: Even if the real appreciation of the renminbi, the rate will not be large, the state will take into account the affordability of the domestic economy. If RMB appreciation, the normal life of ordinary people will not have much impact;

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Exchange rate changes after appreciation: Just as anything is a double-edged sword, the appreciation of the renminbi may also bring some negative effects. With the appreciation of the renminbi, the goods and services denominated in foreign currencies become more expensive, the export earnings will be affected, and the enthusiasm of foreigners for spending on tourism and investment will be discouraged.

Monetary Security after Appreciation: Due to the lingering lingering double deficit problem that plagued the U.S. government, the U.S. government gradually adopted a policy of devaluing the U.S. dollar. The U.S. dollar gradually loses its position as a hard currency. If Renminbi renounced its peg to the dollar and appreciated, it would be a small catastrophe for those who clutched the U.S. dollar.

The impact of currency appreciation on the purchase: In theory, the appreciation of the renminbi, the property market in foreign currencies will also increase the price of foreign currency holdings in the property market will increase the cost of real estate, help to curb real estate behavior.