Remittance handling fee is the handling fee charged by the bank or post office according to the remittance amount when handling business remittance. Forward exchange rate is expressed in foreign exchange, which is the difference between forward exchange rate and spot exchange rate.
Exchange rate is the exchange rate between two currencies, and it can also be regarded as the value of one country's currency against another. Specifically, it refers to the ratio or parity between one country's currency and another country's currency, or the price of another country's currency expressed in one country's currency.
Normal exchange rate fluctuation
There are many market and policy factors that affect the exchange rate. The RMB may appreciate or depreciate. No one can accurately predict the exchange rate trend. Whether it is short-term or long-term, exchange rate inaccuracy is inevitable, and two-way fluctuation is the norm. Whether it is the government, institutions or individuals, we should avoid being misled by the predicted conclusions.
A managed floating exchange rate system based on market supply and demand and adjusted with reference to a basket of currencies is suitable for China's national conditions and should be adhered to for a long time. Under this exchange rate system, the exchange rate cannot be used as a tool, neither for depreciation to stimulate exports, nor for appreciation to offset the impact of rising commodity prices. The key is to manage expectations well and resolutely crack down on all kinds of malicious market manipulation and malicious unilateral expectations.