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Did the foreign exchange collapse?
No. The foreign exchange market is a relatively free and open market, and its price is influenced by many factors, such as economic data and international political events. The fluctuation of foreign exchange prices is also relatively large, and sometimes there will be more violent fluctuations, but it is not necessarily a crash. Foreign exchange crash refers to an extreme situation, that is, the price of a certain currency plummets and collapses in a short time, which leads to market chaos and serious economic consequences. At present, the global foreign exchange market as a whole is relatively stable. Although the market volatility has increased due to the global epidemic and other factors, there has not been a foreign exchange crash.