These days, the financial news has been saying that the exchange rate of RMB against the US dollar has fallen for six consecutive days. What does this mean?

Simply put, the RMB has depreciated, and the RMB of $65,438 +0 has increased.

As the export business is generally settled in US dollars, for export enterprises, RMB depreciation is beneficial to export.

The profit of an enterprise is more than $654.38 million. It used to be convertible into RMB 630,000, but now the exchange rate has dropped, and it can be converted into RMB 650,000.

Export enterprises will earn more money.

You got it?

Notice of the People's Bank of China on Printing and Distributing the Provisions on Administrative Penalties for Illegal Verification of Export Receipts.

Is foreign exchange finance or investment? thank you

Want to know how to buy a house in Pattaya, Thailand?

What impact will the reduction of deposit reserve ratio have on foreign exchange? Will the foreign exchange rate be affected?

I have applied for an ordinary high school student aid card from China Bank. How should I use it?

Accounting of other monetary funds

How to open an account and apply for a card in an American bank?

How to pay the China Construction Bank SMS service fee?

What is the concept of barter?

Why is it better to fry gold than crude oil?