If the exchange rate is too low and the inflation rate can't keep up, then the commodity will depreciate and the price of gold will rise. During this period, foreign exchange companies can speculate on foreign exchange or futures to make profits, wander between peaks and valleys, take the lead before we see changes, and maximize benefits in national policies, time and economic development direction. Looking at the government list will help the market price index rise to a high point and fall back to the expected position for adjustment.
If the exchange rate is too high, the inflation rate will not keep up, and then prices will rise and the currency will depreciate. During this period, foreign exchange companies can seek profits by speculating in foreign exchange or futures, wander between peaks and valleys, take a step ahead before we see changes, make maximum use of national policies, time and interests, and further consider the direction of economic development. Looking at the government list will help the market price index rise to a high point and fall back to the expected position for adjustment.
Of course, the state will also establish a self-discipline mechanism for the foreign exchange market, which is a market self-discipline and coordination mechanism composed of members of the inter-bank foreign exchange market. On the premise of complying with the relevant national exchange rate policies and foreign exchange management regulations, we will conduct self-discipline management on the quotation of the central parity of RMB exchange rate and the transactions in the inter-bank market and the bank counter market, maintain fair market competition order, and promote the orderly operation and healthy development of the foreign exchange market.
Reduce the trade friction coefficient between China and the United States, for example, on February 5, 20 18, CFETS FX20 17 was fully launched, and CFETS FX2009 was offline simultaneously. The launch of CFETS FX20 17 is of great significance, which marks a major upgrade of China's financial transaction infrastructure, effectively guarantees the safe, stable and efficient operation of the inter-bank foreign exchange market, and is of great significance to consolidating the pricing power of the domestic foreign exchange market and promoting the opening up of the foreign exchange market. The application of the new generation technology creates a low-latency trading environment that can execute multiple instructions at the same time, and creates a sustainable and sound trading ecosystem for participants.