1 thought on “buy wholesale jewelry from turke online Chuangfu Financial CF1234.com How to make money from foreign exchange”
Anna
wholesale jewelry market in karachi For example, 1 dollar = 6.612 RMB, the exchange rate becomes 1 dollar = 5.851 life coins, and the life coins appreciate, appreciation, refers to the appreciation of the US dollar. Only when it is changed to the US dollar to foreign countries, the purchasing power will rise, because more dollars are changed. but in China, the purchasing power of the renminbi has nothing to do with this.
of course, there are indirect relationships. After the appreciation of the RMB to the US dollar, China's trade surplus will decrease, that is, there are fewer US dollars earned by exporting companies (because it is expensive after the replacement of the US dollar is checked, they will not buy it). In this way, the RMB issued by the central bank will decrease due to the purchase of the US dollar. (The US dollar earned by exporting companies must be sold to the central bank to replace it with RMB. The central bank can acquire these dollars by printing RMB. This part of the RMB is called foreign exchange account.) So after the RMB appreciation of the US dollar, The increase in the number of RMB in the domestic market will slow down, so that inflation will slow down, and the purchasing power will increase weakly. However, due to the serious domestic economic bubbles, prices will only get higher and higher. Relying on reducing foreign exchange accounts, it will not increase purchasing power. At most, it can only delay the decline in purchasing power.
wholesale jewelry market in karachi For example, 1 dollar = 6.612 RMB, the exchange rate becomes 1 dollar = 5.851 life coins, and the life coins appreciate, appreciation, refers to the appreciation of the US dollar. Only when it is changed to the US dollar to foreign countries, the purchasing power will rise, because more dollars are changed.
but in China, the purchasing power of the renminbi has nothing to do with this.
of course, there are indirect relationships. After the appreciation of the RMB to the US dollar, China's trade surplus will decrease, that is, there are fewer US dollars earned by exporting companies (because it is expensive after the replacement of the US dollar is checked, they will not buy it). In this way, the RMB issued by the central bank will decrease due to the purchase of the US dollar. (The US dollar earned by exporting companies must be sold to the central bank to replace it with RMB. The central bank can acquire these dollars by printing RMB. This part of the RMB is called foreign exchange account.)
So after the RMB appreciation of the US dollar, The increase in the number of RMB in the domestic market will slow down, so that inflation will slow down, and the purchasing power will increase weakly.
However, due to the serious domestic economic bubbles, prices will only get higher and higher. Relying on reducing foreign exchange accounts, it will not increase purchasing power. At most, it can only delay the decline in purchasing power.