With The Appreciation Of The Yen &Nbsp, Quanzhou Has Increased Its Export To Japan.

On September 4th, the Japanese yen appreciated sharply against the RMB exchange rate. The 3 day intermediate price reached 100 yen to 8.0584 yuan. Compared with the 7.34 yen at the beginning of this year, the appreciation rate has reached 9.8% this year and entered the "8 era".

The yen continues to appreciate.

Yen appreciation is good export

"The yen's appreciation means that Japanese customers can buy more goods with the same money, which has increased by nearly 20% in recent years, thanks to the appreciation of the yen."

Lin Rongxi, deputy general manager of eight horse tea, told reporters that Japan is the main export market, and the annual export volume of tea is about two thousand tons.

The eight horses are just a microcosm of the benefits of the yen appreciation. In the interview, many Japanese enterprises, which are the main export markets, all reflected that the export orders increased by nearly 20% in recent years.

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Studying abroad costs twenty thousand yuan per year.

For the general public, the biggest impact of the rising yen is the huge increase in the cost of studying and traveling in Japan.

The staff of an intermediary studying abroad in our city gave reporters a count of their accounts and went to study in some of the better private universities in Japan. Tuition fees plus living expenses of about 200 thousand yuan per year were converted to about 2 million 500 thousand yen according to the current exchange rate, and the exchange rate before the Japanese yen appreciated was about 7.2, which is equivalent to an increase of 0.86 according to the current exchange rate.

It is estimated that 100 yen per flower will cost 0.86 yuan more than three months ago. The corresponding cost of studying abroad is about 20 thousand yuan a year.

"At present, the price of the six day tour of Japan is 5300 yuan, and the recent quotation has not changed much."

Yang, general manager of a travel agency, told reporters that although the recent appreciation of the yen is relatively large, the adjustment of the price of the Japanese tour needs to be considered in many ways. At this stage, there will be no major adjustment in the price of the Japanese tour.

However, due to the impact of exchange rate, shopping in Japan is nearly 89% off of that in Yudu. For this reason, Yang suggested that tourists shopping in Japan can pay double dollar credit cards to settle in US dollars in Japan, and then use the renminbi to repay their credit cards after returning home.

Maintain appreciation trend in the short term

"In the short term, there is little possibility that the yen will go down to the RMB exchange rate, and it will maintain its appreciation trend."

Dai Qiming, a client manager of a bank's financial center, said that the appreciation of the yen is closely related to the intervention of the Bank of Japan. Although the Bank of Japan's intervention in the yen continued to strengthen, it is "thundering and heavy rain" at the present stage. If the Bank of Japan has not taken effective intervention measures, the appreciation of the yen will probably maintain its appreciation in the short term.

The head of a foreign trade company in our city reminds enterprises that have dealings with Japan to ensure that customers and their own interests should use the US dollar as settlement as far as possible so as to avoid unnecessary losses caused by frequent fluctuations in the yen exchange rate.