What Are The Effects Of Exchange Rate Changes On Our Lives?

After the central bank decided to improve the central parity of RMB against the US dollar in August 11th, the central parity of the RMB against the US dollar has fallen by 2848 basis points, with a depreciation rate of 4.66%.

　　 Devaluation of RMB What is the impact on outbound travel? Is it not suitable for outbound travel in the near future?

Ctrip outbound travel experts say this concern is somewhat overcautious. The most important element of entry and exit teams is the price of flights. Domestic flight settlement is RMB and has little effect on exchange rate. Considering the cost ratio of most teams, if the US dollar appreciates by 1%, the impact of the US line will not exceed 50 yuan, even if the price is about 10000 yuan. It is reported that the current domestic tour to the United States team, most of the quotations between 15000 yuan to 20000 yuan.

"The renminbi has appreciated by nearly 40% in recent years, so the depreciation is a remedial adjustment, plus domestic and foreign. price The difference has not been substantially reduced, and the domestic tourists are still very favorable for outbound tourism and shopping. At present, the depreciation time is very short, and the impact on the price of outbound travel can be ignored. Ctrip's quotation has not risen. But if the renminbi continues to depreciate, the price of outbound travel will continue to rise, especially to the United States. But now it's very unlikely. " He added.

Yesterday, in a travel agency on harmony Road in Hangzhou, Ms. Liu told reporters that in October, she wanted to take her mother to play in the United States. She was worried that the depreciation of the renminbi would cause the increase of travel expenses. The head of the travel agency rushed out to explain that "most of the long distance travel products in Europe and America purchased tickets and hotels more than half a year earlier. Although the RMB has depreciated for 3 consecutive days, compared with the same period last year, the US dollar, euro and other currencies still had a considerable decline in the RMB, coupled with the increase in air traffic capacity this year, the cost of airline tickets has been reduced. The price of long distance travel in Europe and the United States has been reduced by about 10% over last year. As we are doing at the end of October sales promotion, "United States + Mexico" eight day tour, 7000 yuan is enough.

Although the travel agencies all claim that the price of the newspaper group and the free travel company has not changed much, the depreciation of the RMB will have some influence on the tourists who have large overseas demand for shopping.

A senior leader of Wu Xing, a Chinese travel agency in Zhejiang, told reporters that "it is best to brush the UnionPay card overseas and directly deduct the renminbi, so that the exchange rate will not drop." And some countries and regions are now offering UnionPay cards to Chinese consumers, such as Japanese Akihabara shopping, and UnionPay cards can have 5%. Discount "

For those countries and regions that have not yet paid the union card, how can tourists reduce the losses caused by exchange rate fluctuations? A staff member of Zhejiang Wanda tourism group said that tourists can advance foreign currencies in advance. But he also cautioned that for overseas travel safety considerations, it is not recommended to carry large amounts of cash.

Some of the people who care about the exchange rate have booked the citizens of outbound travel. For them, the fall of the renminbi means that the cost of traveling abroad is much more expensive. How much more money do we need to pay for the trip to every country after the three successive falls?

Before, because the foreign exchange rate continued to decline, plus the favorable visa policies of all countries, the outbound tourism market showed blowout in the past two years. Especially in the summer vacation, the middle class set a good destination for outbound travel in order to keep their children knowledgeable. According to the world tourism association data, China was the largest country to spend overseas travel in 2014, amounting to $165 billion, an increase of 28% over 2013.

Tourists from all over the world like Chinese tourists very much. People who see yellow skin and black eyes smell the smell of money. After the RMB continues to decline, can people still buy and buy overseas?

"Last Monday, I bought some bags in Italy, which cost about 8000 dollars, equivalent to 49 thousand yuan. Yesterday, I went to the bank to repay the money. According to the day's price, it cost 51126 yuan. I didn't expect it. Only a few days later, because of the depreciation of the RMB, I lost thousands of dollars. Last week, Ms. Tong, who had just returned from European travel, told the reporter that she was still suffering from flesh pain.