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What is the impact of the US dollar interest rate hike on China's foreign exchange?
1, the exchange rate of US dollar and RMB is inversely proportional. If the US dollar raises interest rates again when the economic situation improves, it will cause the US dollar to appreciate sharply, while the RMB will be hit and devalued.

2. The income of bank wealth management products will be reduced, customers who choose such wealth management products will change their wealth management products, bank funds will be reduced, and the demand for corporate funds will be in short supply.

3. In the case of RMB depreciation, the policies issued by the government will mainly ensure that enterprises such as Congress and banks will not benefit people's livelihood to a great extent.