Exchange rate refers to the price of another currency expressed in one currency, and the word exchange rate can be understood as price. There are two forms of exchange rate in the world, namely direct exchange rate and indirect exchange rate. Under the direct price, it is expressed by how much foreign currency is converted into local currency, for example, China: 1 USD =7 RMB. If it becomes 8, it means that the exchange rate will rise, obviously the RMB will depreciate. Because most countries in the world quote directly, there is no special explanation. Generally speaking, the exchange rate refers to.

Since the exchange rate can be understood as price, the rise of RMB exchange rate is of course the rise of RMB value. As for the rise and fall of foreign exchange, it is not a formal written term. "Foreign exchange rise" can be understood as "foreign exchange rise". The rise of foreign exchange is different from the rise of RMB exchange rate, which means that the fall of foreign exchange is correct.