The appreciation of the US dollar means that the RMB depreciates relative to the US dollar. Our large foreign exchange reserves are mainly US dollar reserves, so they have also appreciated. However, this appreciation is still relative to other currencies. Unless the commodity price itself fluctuates, the commodity price priced in US dollars should remain unchanged. However, it is cheaper to buy things in non-US dollar currencies in other countries, such as euro and Japanese yen.

Tips: The above information is for reference only, and no suggestions are made.

Reply time: 202 1-07- 15. Please refer to the latest business changes announced by Ping An Bank in official website.

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