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RMB's appreciation driven by US dollar's continued strong, resulting in greater pressure on

  • Author:Dreamy F
  • Source:www.china-disposable.com
  • Release on :2016-05-24
Since the mid-1970s data, the dollar index rose the peak of the financial crisis, and many times coincide, especially from nearly 20 years of historical data, the dollar index rose and the average peak of the Asian financial crisis, times mortgage crisis, the European debt crisis and the latest round of global market fluctuations coincide, and that several of the financial crisis are on the increase in Shaoxing City, Zhejiang Province, and exports had a tremendous negative impact - exports there was a substantial negative growth.And the dollar index rose accompanied, Russia, Brazil and some other countries and BRIC currencies in many emerging markets countries, there has been devalued, and even derogatory weight.During the central parity of the RMB against the US dollar stable at between US dollar 6.1528-6.1588 yuan - almost no devaluation of RMB against the US, to China's exports resulted in greater pressure.

Since the middle of last year, when the Fed rate hike expectations background, including the euro, yen and other major world currencies, and currency higher degree of openness of capital markets in many emerging economies have depreciated relative to the US dollar, in which emerging market countries more than 20% devaluation of the currency index.Because when the US dollar did not depreciate the RMB exchange rate, which makes relative to other currencies devaluation, resulting in effective exchange rate relative to other currencies much, that to a large extent on the impact of negative growth in exports.

The exchange rate has a huge influence to the international trading business.Hope this situation won't last too long. We're looking forward to meet more customers all over the world. Our company is one of the most professional China surgical mask manufacturers, China disposable gowns manufacturers and the best disposable face mask suppliers in China.