wholesale costume jewelry suppliers canada Why does the US dollar rising to the RMB?

kiwi premium jewelry and handbag wholesale From 1993, China's exchange reform, $ 1 against RMB 8.6 to 1 US dollars to exchange RMB 6.2, the exchange rate of RMB against the US dollar has repeatedly higher, constantly refreshing history, becoming the focus of international finance. Regarding the appreciation of the RMB, many economists considers the national interests of China that profit is greater than the disadvantages, and the result of opposition to the exchange rate of the United States to interfere with the RMB of China. Although the result of the appreciation of the renminbi is not good, we cannot deny that the RMB against the US dollar exchange rate has risen.

The exchange rate of RMB dollars
. GDP
In general, increased national income has increased consumption level, and the demand for local currency has also increased accordingly. If the currency supply remains unchanged, the additional demand for the local currency will increase the value of local currency and cause foreign exchange depreciation. As we all know, since the reform and opening up of my country, the level of economic development has continued to improve, and national income has continued to increase. With the increase of economic growth, the increase in exports and the increase in foreign exchange supply (currently the first foreign exchange reserves), the high investment profit margin will attract foreign investment, which will increase the supply of foreign exchange and lead to depreciation of foreign currency. The appreciation of the currency. Although we cannot deny the fact that the GDP has maintained the world's first facts for many years, we have to admit that we have affected the total GDP on the total GDP over the years. Therefore, China's economic development prospects are far beyond the United States today.
. International revenue and expenditure
The surplus of international revenue and expenditure in one country will lead to increased foreign exchange supply, resulting in a decline in exchange rates, that is, the appreciation of the RMB to the US dollar. From 2005 to the present, my country's international revenue and expenditure has remained a large surplus. In particular, the "dual surplus" of the maintenance and expenditure projects, capital and financial projects in my country has always been very large. This is the most significant feature of my country's international revenue and expenditure. In fact, since 2000, my country's total income and expenditure has expanded year by year. In 2007, it reached a historical highest value of $ 445.3 billion, with an average annual increase of 53%. In the first half of 2008, international revenue and expenditure continued to make a large surplus, but the growth momentum eased. This is mainly affected by the financial crisis. In the first half of 2008, the external environment of my country's economic development deteriorated. The US subprime mortgage crisis continues to have a strong impact on the international financial market and the real economy. In addition, in the first half of 2008, my country also suffered severe natural disasters. Under the role of two aspects, my country's economic operation also faces some prominent problems: the domestic production price index has increased greater, the increase in consumer prices has declined, but it is still not optimistic; Essence But in general, China's trade with the United States is surplus and huge. The world's first foreign exchange reserve was not sent by others, but was obtained by the trade surplus.
. Currency supply and inflation

wholesale fashion jewelry by the bulk Recently, it has been falling, related to economic development