Domestic goods denominated in RMB will get more foreign exchange.

At this time, if goods are exported, importing countries will have to pay more foreign exchange (because RMB is not an international currency, importing countries generally cannot use RMB to import goods from China), that is to say, because the exchange rate of RMB rises, the import price of importing countries that buy goods from China will increase, so they are unwilling to buy or reduce their purchases. Therefore, the direct harm of the exchange rate rise is to make the export volume of China's export enterprises decrease, the profits decrease and the employees lose their jobs. Serious will go bankrupt. At present, China's economic development is mainly driven by exports, so once exports stagnate, many domestic enterprises will face bankruptcy, and this consequence is unimaginable.