From the perspective of investment and financial management, it will first have a direct impact on the stock market. Capital has the nature of pursuing profit and preserving value, so the decrease of RMB exchange rate will cause capital outflow, which is bad for A-share market. This also requires people who are investing in stocks to focus on export-oriented and gold listed companies in the short term.
However, if the assets reach a certain equivalent, it is meaningful to rationally allocate assets in the long run. The simplest way is to allocate some dollars or gold in kind reasonably, which can spread investment risks and increase investment income.
Secondly, it will have a short-term direct impact on personal consumption behavior. First of all, international purchasing or self-purchasing will cost more money. So bear with it, don't chop your hands yet.
Secondly, if you choose to travel abroad now, it seems not so cost-effective, because it costs more money. So it's best to postpone the travel plan.
Third, it will have a direct impact on the study abroad market. If you are studying abroad or preparing to study abroad, you will also spend more RMB when you exchange dollars.
So generally speaking, there is no need to panic when breaking 7. This is only a short-term normal market reaction and active choice, and it will not continue endlessly and will not plummet. What we have to do is to make a good plan, wait for the rebound and calmly deal with such a small test.