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The foreign exchange rate rose. How does the local currency exchange rate change? The foreign exchange rate rose. Is the local currency appreciating or depreciating?
For example, in China foreign exchange market, US$ 65,438 +0 = 8.0 yuan RMB.

Now, change it to $65,438 +0= RMB 9.0 yuan. Ask the dollar against RMB. Is the exchange rate rising or falling?

Is inflation caused by the rise of foreign exchange rate or the rise of local currency exchange rate?

As far as the landlord's problem is concerned:

65,438+0. The exchange rate of USD against RMB has risen, because the original 1 USD can be exchanged for 8 yuan RMB, and now it is exchanged for 9 yuan RMB, which means that USD has risen and RMB has depreciated. If the RMB is against the US dollar, the exchange rate will fall.

There are many reasons for inflation. Generally speaking, inflation means that money is worthless, which is called devaluation in jargon. As the title suggests, the RMB has depreciated. However, it should be noted that depreciation is the result of inflation, not the cause. Of course, the exchange rate decline has an impact on inflation, but it cannot be said that it must be the cause of inflation. As far as the topic is concerned, the exchange rate of the US dollar against the RMB is rising, and the exchange rate of the RMB against the US dollar is falling.