310 Hong Kong dollars = 253.2763 RMB

1: Exchange rate refers to the exchange rate between two currencies. It can also be regarded as the exchange rate of one country's currency against another currency. value. 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.

2: Exchange rate changes have a direct regulatory effect on a country’s import and export trade. Under certain conditions, external devaluation of the domestic currency, that is, an increase in the exchange rate, will promote exports and restrict imports; conversely, external appreciation of the domestic currency, that is, a decrease in the exchange rate, will have the effect of restricting exports and increasing imports.

Three: The exchange rate will change due to interest rates, inflation, national politics and the economy of each country. The exchange rate is determined by the foreign exchange market. The foreign exchange market is open to different types of buyers and sellers for extensive and continuous currency transactions (foreign exchange transactions are conducted 24 hours a day except weekends, that is, from 8:15 GMT time on Sunday to 22:00 GMT time on Friday.

4: Prices

From the perspective of imported consumer goods and raw materials, the decline in the exchange rate will cause the domestic price of imported goods to rise. The extent of its impact on the overall price index depends on the imported goods. and the proportion of raw materials in the gross national product. On the contrary, other conditions remaining unchanged, the price of imported goods may decrease. The extent of its impact on the general price index depends on the proportion of imported goods and raw materials in the gross national product. Proportion.

Five: Capital Flows

Short-term capital flows are often greatly affected by the exchange rate. When there is a trend of external depreciation of the domestic currency, domestic investors and foreign investors. They are unwilling to hold various financial assets denominated in local currency and convert them into foreign exchange, causing capital outflows.

Six: At the same time, due to the incessant conversion of foreign exchange, the shortage of foreign exchange has intensified. It will cause the local currency exchange rate to fall further. On the contrary, when there is a trend of external appreciation of the local currency, domestic investors and foreign investors will strive to hold various financial assets denominated in the local currency, and at the same time, due to the inflow of foreign exchange. One after another, the oversupply of foreign exchange will cause the local currency exchange rate to rise further.

Seven: Exchange rate definition

Exchange rate (also known as foreign exchange rate, foreign exchange rate or foreign exchange market) two currencies. The exchange rate between countries can also be regarded as the value of one country's currency to another currency. The exchange rate is the financial means used by each country to achieve its political goals.