The RMB exchange rate has been clearly put forward with reference to the definition of a package of currency adjustments, and the actual operation in the specific operation has to be tested by the ups and downs of the sales market. Whether China's fiscal policy is stable or relatively loose depends on China's economic development and price level. The rising price level will lead to the loosening of China's fiscal policy, the long-term maintenance of the price level needs steady growth, and the fiscal policy will also have loose indoor space, which is harmful to the supply and demand of RMB.

Inflation will lead to the decline of the country's currency exchange rate, and the decrease of inflation will increase the exchange rate. Inflation will affect the use value and consumption power of domestic currency, weaken the market competitiveness of export products, promote imported products, and continue to cause psychological damage to the foreign exchange trading market and weaken the personal credit influence of domestic currency in foreign markets.

Changes in a country's and international political situation will do harm to the foreign exchange market. Political changes generally include political and metallurgical contradictions, regional conflicts, general elections and regime changes. This political and metallurgical factor sometimes does great harm to the rate, but the harm period is generally short. The factors of currency exchange rate changes in different countries are the same, and the RMB exchange rate is basically affected by the above factors. As far as the current situation of RMB is concerned, the increasing trade deficit and international reserves denominated in US dollars are pushing the appreciation of RMB.

Currency depreciation is relative to currency appreciation, so it is unnecessary to exaggerate currency depreciation. Whether it will fall again depends on the dollar. Because the dollar is particularly eager for prices to fall. In addition, the World Bank believes that everyone's interest rate is relatively effective, while the interest rate in the United States is low, which means that the dollar wants the price to fall. If the dollar falls, the RMB will rebound. Multilateral ups and downs will last for a long time, and the fluctuation range will be greater than before. There are many factors that are not conducive to the overall economic development of China and the global economy. Taken together, these elements will be undercurrent for a long time. For example, which new market economy system encounters difficulties in lending, which will hurt everyone's psychological state even more.