For ordinary people, the most direct impact of RMB exchange rate depreciation is that traveling abroad is more expensive, the cost of studying abroad is higher, and the same amount of RMB can buy fewer imported goods. Therefore, for those who need to travel abroad, study abroad and shop overseas, the cost of living will increase.

Then, based on the expectation of RMB depreciation, is it necessary to exchange dollars quickly to keep assets from shrinking?

Zhou Hao, a senior economist in Asia at Commerzbank, said: If there is no real demand for overseas investment, most people don't need to exchange foreign exchange too soon. For daily life, the actual impact of RMB depreciation is not great.

Ordinary people should think carefully about several issues before buying dollars. How many dollars do they want to change? How long are you going to hold it? If you just change a few hundred dollars and don't plan to hold it for a long time, it doesn't make much sense.

Therefore, if consumers want to use US dollars in the short term, they can consider exchanging them as soon as possible. If it is used for a long time, it can be observed that the RMB exchange rate will reach a new equilibrium after short-term shocks. Although many institutions predict that the exchange rate of RMB against the US dollar will continue to fall in the next year or two, the actual situation is affected by some uncertain factors. If you buy a lot of dollars now, in case of some unpredictable situation in the future, the dollar will continue to depreciate, so it will not be worth the candle.

In addition, many people like to use credit cards to shop when they go abroad. If the RMB appreciates, the deferred repayment can be paid less. However, if the RMB depreciates, it is better to repay in advance.