Controlled 9:16 a.m. on August 5, RMB of add of off shore dollar drops defeat 7 col, highest newspaper 7.0392. Arrived to was controlled 9:32, in bank RMB add dollar exchange rate also drops defeat 7 col, highest newspaper 7.0262. In the meantime, price fell among RMB add dollar on August 5 defeat 6.9 col, for since December 2018 first.
"Short-term wife civilian money exchange rate is low confused condition may last a little while, but in light of metaphase, still can return to main area to keep stable. " house of chief economist Shao represents Oriental negotiable security, "In addition see Central Bank attitude even, otherwise should be caressed, how to caress, will see the Central Bank at present is to hope to keep stretch to RMB manner, the likelihood tolerates degree of meeting is a few taller. The likelihood tolerates degree of meeting is a few taller..
Actually ourselves is analysed, RMB exchange rate is lousy 7 it is an expected issue, specific those who will see us can see is, to RMB exchange rate, we can see RMB exchange rate cut 7 pairs of current influences from a few angle.
Above all what know of RMB exchange rate represents is RMB add dollar depreciates further, the circumstance that this kind of dollar depreciates is better to having the RMB function actually, we are well-known for the money to a country, not be a money actually, taller to dollar scale, monetary currency value has been jumped over greatly more, because to China a such country, we are to produce manufacturing industry big country, as a such big country, the product that we produce should get international market competition ability to the international market, but if if the exchange rate level of the RMB is in all the time,one compares exalted position, the international market competition ability that can bring about our product necessarily so drops. On one hand for the angle from manufacturer, what I produce manufacturing product in the world the foreign currency moment of substitution changes the earnings that actually I achieve adult civilian money again is reductive. The reason that on the other hand my product appreciates with the RMB brought about the competition ability of the international market to reduce, same a product, below the case with former preexistence higher exchange rate, meet those who bring about market competition ability reduce necessarily, the RMB appeared now of certain level devalue, can let market competition ability become farther instead increase.
Next, from us the international angle of Chinese whole looks, usually we see the world economic history is very clear tell us, if a country wants to let his produce and be made of home,become better, if the international competition ability that lets oneself becomes stronger, inevitable meeting chooses devaluation, so devaluation is a favour to a country is not evildoing.
The 3rd, in light of the angle that buys to the net. These year come, chinese Internet shops become increasing, in light of this big perspective that shops from Internet, below the condition that cleans out in Internet sea especially, the RMB devalued, I am meant is the goods that our overseas buys becomes more and more expensive, shop to Internet so and character, money of the whole people devalues go against the sea to tax an industry, be helpful for the development of Internet cable business of home.
The 4th from estate market the angle of overseas perhaps debt looks, these year come, estate company of China begins much overseas debt, compare formerly relatively as a result of the currency value of the RMB tall, the pressure of the estate company that so overseas borrows money is not great, but appear as the RMB now the trend that breaks this kinds 7 to devalue, so the development to abroad estate company, will have greater pressure, the pressure that repays captital with interest especially, after all for the estate company to China, they are make money in home, overseas sends debt, next overseas returns money, fall in a such circumstance so, inevitable meeting brings about the addition of debt pressure, so we also want in this moment beware of this is planted overseas debt risk.
Do you feel broken 7 be still not broken very 7 good? The welcome speaks your view
