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    Experts Believe That RMB Appreciation Has A Limited Impact On The Real Economy

    2021/2/5 14:09:00 0

    RMBExchange RateAppreciationExportEconomic Operation

    On February 4, the central parity rate of RMB against the US dollar was 6.4605, up 64 basis points from the previous trading day. Up to now, the appreciation of RMB has lasted for 8 months, which brings great cost pressure to China's foreign trade enterprises, especially export-oriented enterprises.

    Experts believe that although some export-oriented enterprises have some exchange losses during the RMB appreciation period, on the whole, RMB appreciation has little impact on the real economy. Enterprises should establish a neutral concept of exchange rate risk, do a good job in exchange rate risk management, so as to achieve stable operation.

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