The change of exchange rate will affect domestic and foreign trade, economic growth and financial markets. The fluctuation of exchange rate has different effects on different industries and enterprises. If a country's exchange rate rises, it will lead to a trade deficit, because the country's currency becomes more expensive, which may lead to an increase in the prices of goods imported from the country by foreign customers. In addition, exchange rate fluctuations will also lead to changes in capital flows, increasing or decreasing the outflow and inflow of investment capital.
The change of exchange rate is also related to the rise and fall of the market to some extent. The rise and fall of the stock market will affect the rise and fall of global currencies, and the rise and fall of currencies will also affect the rise and fall of the stock market. Therefore, exchange rate fluctuations have a vital impact on international trade, domestic economic development and financial market stability. As an investor or enterprise, it is very important to understand the international economic and political situation and track the change of exchange rate for decision-making.
Exchange rate is an important part of international transactions and financial markets. The fluctuation of exchange rate will affect all industries and enterprises. Therefore, everyone should pay attention to exchange rate changes, especially those who participate in international trade, investment and tourism. While understanding the trend of exchange rate changes, we should also consider the influence of economic policies and political environment of various countries on exchange rate changes.