The appreciation of RMB means the rise of RMB exchange rate.
8 RMB = 1 USD becomes 10 RMB = 1 USD. Is this a rise or fall in the exchange rate?
The depreciation of RMB is the decline of RMB exchange rate.
Question 2: What is the meaning of exchange rate? What is the exchange rate between the rise of foreign exchange rate and the rise of RMB exchange rate? Also called "foreign exchange market or exchange rate". The ratio of one country's currency to another is the price of another currency expressed in one currency. Because of the different names and values of currencies in the world, one country's currency should set an exchange rate for other countries' currencies, that is, the exchange rate. In layman's terms, the exchange rate is how many foreign currencies can be exchanged for one yuan, such as the exchange rate of US dollars.
The rise of foreign exchange rate means that foreign currency is more valuable, and less foreign currency can be exchanged for more RMB, which is beneficial to China's export, because things from China are cheaper to sell abroad, but it is not conducive to imports, because foreign things are more expensive in China's eyes.
The rise of RMB exchange rate means that China's RMB is more valuable. It's good for imports, and more foreign things will be sold in, but it's not good for China's exports, because things in China have increased in price in the eyes of foreigners.
Therefore, China now controls the RMB exchange rate to prevent China from being unbalanced. After all, many things exported by China are profitable at low prices. If it appreciates again, its competitiveness will be small.
Question 3: What is exchange rate appreciation? Is the exchange rate also called "foreign exchange market or exchange rate"? The ratio of one country's currency to another is the price of another currency expressed in one currency. Because of the different names and values of currencies in the world, one country's currency should set an exchange rate for other countries' currencies, that is, the exchange rate.
Question 4: What do you mean by a high RMB exchange rate? If the exchange rate is high, you can exchange the same RMB for more foreign exchange.