Offshore RMB plummeted against the US dollar. It can be said that this plunge symbolizes the decline of RMB price, but it is not as valuable as before. This is certainly a bad thing for ordinary investors, because it means that the cost of investment is greatly increased, which means that it is more difficult to make money in the future.

This so-called plunge is simply that the RMB has depreciated, which is far less valuable than before, that is, it has depreciated. Devaluation means worthless, not as valuable as before. Originally, the RMB in 6 yuan could be exchanged for 1 yuan, but now 7 yuan is required, so the original investment of 6.5438+0 million yuan can be exchanged for 6.5438+0 million yuan, and now it should be 7 million yuan. Your investment cost has directly increased by 6,543,800 yuan. Think about how long it will take to earn this 6.5438+0 million, because the profit of the real industry is far from as high as you think.

This is not good for investors, because the investment cost is higher. It is not a good market to invest in real industries or speculate in foreign exchange futures. Because of the rising investment cost, the impact on the physical industry and these financial industries is the same, that is, you have to spend more money to convert into dollars of the same price. So in general, we hope that the value of RMB will remain basically stable, neither too expensive nor too worthless.

Now that the price of RMB is generally stable, we don't need to worry so much, because RMB has been recognized as Libya internationally. We are entertained in the world currency basket, and many countries are gradually willing to use RMB as the settlement currency when doing business with us, because they recognize the relatively stable value of our RMB. Therefore, it is unlikely that there will be a particularly large decline now, which means that a slight fluctuation is normal, so don't worry too much.