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The RMB exchange rate hit a new low in the year! Approaching 6.9, will "breaking 7" have any impact on foreign trade?
RMB exchange rate hit a new low! Approaching 6.9, will it? Break 7? Really? What is the impact on foreign trade? The probability of breaking 7 should not be too great, and it feels that it has little impact on foreign trade. First of all, this is only close to 6.9, and it has not broken through the 7 mark, so foreign trade has not been damaged. However, if we break through this barrier, I think something very serious may happen. If the RMB exchange rate does not continue to rise, foreign trade enterprises may be able to tide over the difficulties.

The probability of breaking 7 should not be too great, and it will not have much impact.

As we all know, the RMB exchange rate has been falling continuously for one year 15, so this year it has also reached a record high, reaching 6.9. I think at this rate, it is likely to be close to 7. This is mainly because this dollar drives the RMB exchange rate down, which is a key reason. Of course, the premise is that if this figure is not broken, I don't think it will have much impact on foreign trade.

It's just close to this number, and it hasn't broken yet.

We can look at the exchange rate of RMB, which has reached a record low, so what do you think will happen? It has approached the level of 6.9 and is about to break through the level of 7. In the past, this trend was relatively stable, and there was no such decline, but now there has been a wave of obvious depreciation. If this continues, the impact on foreign trade will be very unfavorable.

If you don't continue to improve, it may be better.

As for this figure, it has obviously depreciated. If it is not reduced to 7, I think it is ok and better. This figure should set a new record this year, because the falling exchange rate is very unfavorable to many industries. If the constraints do not continue to improve within this figure, I think foreign trade enterprises may be able to tide over the difficulties.