Currency appreciation will worsen a country’s export trade environment, resulting in the landing of China’s consumption, increased layoffs, and intensified conflicts in China.YSHX
③Aggravating deflation. The price of imported products has fallen due to the appreciation of the local currency, and the same industry in China will also set a landing price in a demonstration role. Exports are reduced due to the appreciation of money, the demand for products of export companies has shrunk, and prices have fallen, which will eventually push China’s price level down in all directions.yunshfx
④ The appreciation of the country’s currency makes the country’s foreign exchange reserves or assets transferred ...
Currency appreciation will worsen a country’s export trade environment, resulting in the landing of China’s consumption, increased layoffs, and intensified conflicts in China.YSHX
③Aggravating deflation. The price of imported products has fallen due to the appreciation of the local currency, and the same industry in China will also set a landing price in a demonstration role. Exports are reduced due to the appreciation of money, the demand for products of export companies has shrunk, and prices have fallen, which will eventually push China’s price level down in all directions.yunshfx
④ The appreciation of the country’s currency makes the country’s foreign exchange reserves or assets transferred from abroad, converted into the country’s currency, and relatively reduced, which is not conducive to attracting foreign capital.Yun Shang Hui Xin
An effective and stable exchange rate is essential for the smooth development of the world. Strong exchange rate changes are more beneficial to a country’s economic development in the long run, and will always lead to speculative behavior and hinder the progress of the country.Yun Shang Hui Xin Limited
