Why do you say RMB:' What does it mean to depreciate internally and appreciate externally? Give an example to talk about the impact on our lives!

The appreciation of RMB is relative to other currencies, just like RMB 1 can buy more dollars, which is basically not seen in the domestic market. The popular meaning is that China people's money is valuable. For example, in the international market (only in the international market can the purchasing power of RMB be enhanced), 1 yuan can only buy 1 unit of goods, and more units of goods can be purchased after the appreciation of RMB. The appreciation or depreciation of RMB is directly reflected in the exchange rate. In the most popular words, the appreciation of RMB is the enhancement of purchasing power of RMB.

In other words, you used to exchange 1 USD for 8.27 RMB. Now you can only exchange 6.6795 yuan. Relatively speaking, it is the depreciation of the dollar, which is a trade-off relationship.

International commodities are denominated in dollars. International commodities include "copper, aluminum, natural rubber, fuel oil, gold, zinc and other varieties;" There are corn, soybean 1, soybean No.2, soybean meal, soybean oil, polyethylene, palm oil, strong gluten wheat, common wheat, PTA, cotton, sugar, rapeseed oil and other futures varieties, and international commodities denominated in US dollars will continue to rise. It will affect our country and the whole world, and there will be imported inflation, that is, prices will rise and RMB will depreciate.

Recently, the United States introduced a quantitative easing policy of $600 billion, and the world entered an inflation period to pay for the economic recession in the United States.

Do you understand? Satisfied, please adopt!