In the indirect pricing method, the local currency amount remains unchanged, and the foreign currency amount changes with the relative change of the local currency value. If a certain amount of local currency can be converted into less foreign currency than the previous period, it means that the value of foreign currency rises and the value of local currency falls, that is, the foreign exchange rate falls; On the other hand, if a certain amount of local currency can be converted into more foreign currency than in the previous period, it means that the value of foreign currency declines and the value of local currency rises, that is, the foreign exchange rate rises, that is, the value of foreign currency is inversely proportional to the rise and fall of exchange rate.

For example, suppose that the initial ratio of USD to RMB (exchange rate-direct quotation) is 6. 15, that is, 1 USD can be converted into 6. 15 yuan RMB; Using indirect pricing method, RMB 1 is about USD 0. 1626 (algorithm1/6.15); In this case, the market changes, and RMB 1 can be converted into USD 0. 17 (the exchange rate expressed by indirect pricing method), which proves that RMB appreciates, USD depreciates, local currency can be converted into more foreign currencies, and the exchange rate becomes 1/0. 17, which is about 5.8824.

Therefore, the orange part above is correct, and the exchange rate change direction of direct quotation method and indirect pricing method is inversely proportional; The exchange rate discussed in Baidu refers to the exchange rate calculated according to the indirect pricing method, while the exchange rate mentioned in the textbook refers to the exchange rate published by the actual major banks (that is, the exchange rate shown in the direct quotation). There is no contradiction.