Current location - Loan Platform Complete Network - Foreign exchange account opening - In the exchange rate relationship between the euro and the dollar, is the appreciation of the euro beneficial to the euro or the dollar? What is the relationship between the rise and fall of exchange
In the exchange rate relationship between the euro and the dollar, is the appreciation of the euro beneficial to the euro or the dollar? What is the relationship between the rise and fall of exchange
In the exchange rate relationship between the euro and the dollar, is the appreciation of the euro beneficial to the euro or the dollar? What is the relationship between the rise and fall of exchange rate? Urgent! It cannot be said that the euro zone includes many countries, and different countries have different national conditions! For example, some countries in Europe, such as Germany, Switzerland and Austria, have trade surpluses and are also big exporters. Take Greece, Portugal, Italy, Spain and other big countries with trade deficits and fiscal deficits as an example. He has the saying of "four stupid countries"! Of course, the appreciation of the euro exchange rate directly affects exports! If the euro appreciates, it will use more dollars to buy things in the euro zone! Things in the euro zone are expensive, so others will buy them in other countries! Germany and other countries whose economic pillars are exports will be directly hit! Of course, it is not a good thing for those big countries with trade deficits. The appreciation of the euro will lead to the depreciation of their dollar bonds, and they need to pay more dollars. Most importantly, appreciation will directly lead to high domestic inflation. On the contrary, if the euro depreciates, it is beneficial to importing countries, because the depreciation of the euro against the US dollar means that the price reduction of domestic products is beneficial to exports, just like Germany and other countries with export as the economic pillar, low prices are beneficial to international competitiveness. The depreciation of the euro is beneficial to the countries headed by the four silly pigs. The depreciation of the euro is relative to the appreciation of the US dollar, which means they can use the same euro to pay back the US dollar bonds! Just my own opinion! I hope it helps you, but I didn't score, hehe, but it doesn't matter.