Is RRR cutting interest rates because the currency is becoming less and less valuable? Has RRR been devalued?
When many people save more and more money, they will read some financial news online, and they may see relevant information about RRR reduction. In fact, RRR reduction generally means that the central bank reduces the deposit reserve ratio of financial institutions. Is RRR cutting less and less valuable? Has RRR been devalued? I have prepared relevant contents for your reference. Reducing RRR does not mean that the currency is getting less and less valuable, nor does it mean that the currency has depreciated. In fact, reducing RRR is a loose monetary policy, but it is worth noting that it will generally lead to currency depreciation, because reducing RRR will increase the supply of market money, increase the liquidity of money to a certain extent, and then stimulate the growth of market economy. When the market capital increases, it will lead to the devaluation of the currency in the hands of users. Generally speaking, the currency is becoming less and less valuable or depreciating, which is related to the exchange rate. Secondly, fluctuations in foreign currencies may also lead to changes in exchange rates. In addition, the central bank will comprehensively consider whether the currency will depreciate. None of us need to worry too much. What we can do is to work hard and try to raise wages. That's all that matters. Only when we have money can we feel safe. In addition, RRR's interest rate cut is good news for people who want to buy a house, because the difficulty of loan will be reduced. Secondly, for small and medium-sized enterprises, more ways to obtain funds will drive the growth of the overall fund.