The satisfactory answer is still 20 levels: 20 10- 12-26 is basically reasonable at present, and the exchange rate level should be determined by the market: the currency exchange rate is determined by the market, which is an ideal state, while the RMB exchange rate system is the so-called "floating exchange rate plus government regulation", but it is actually pegged to the US dollar! Follow-up: it is an ideal state that the currency exchange rate is determined by market supply and demand, while the RMB exchange rate system is the so-called "floating exchange rate plus government regulation", but it is actually pegged to the US dollar! Answer: Yes, you speak very well. The dollar is the first freely convertible currency in the world. Since the reform and opening up, China's RMB has adopted an exchange rate system pegged to the US dollar. In particular, China's export trade is developing rapidly, the country's foreign exchange reserves are increasing, and the trade surplus with the United States is gradually increasing. Therefore, the United States keeps putting pressure on China to force the RMB to appreciate. In essence, it is because Americans have deep pockets and don't do small businesses with small profits but quick turnover, and then they have banned our technology and military affairs. In fact, since the exchange rate reform, the Chinese government has made great efforts and concessions on the exchange rate system of "floating exchange rate plus government regulation", and the speed and extent of RMB appreciation are obvious to all. Before, the financial crisis concocted by the United States shocked the whole world and washed away its own economy, so it used the exchange rate issue to intensify the pressure on us. We emphasize that the exchange rate level should be determined by the market. Follow-up: I think RMB appreciation is the general trend. What the government should do is to maintain a steady and slow rise and avoid the impact of large fluctuations on the economy. Moreover, the appreciation of RMB is a double-edged sword, which may be very unfavorable to China's exports in the short term, but in the long run, it will also change that most China enterprises rely solely on the comparative advantages of labor costs and resources, but lack capital advantages! Answer: Yes, I think the trend of RMB appreciation will continue. In addition to the above reasons, the United States is taking the means of printing money to promote the depreciation of the dollar, which is extremely unfavorable to others. There is no doubt that our hard-earned hard-earned money is so simple to pay back. Therefore, the government should naturally take corresponding measures to safeguard our legitimate rights and interests, and at the same time guide and encourage China's export enterprises to change the status quo, improve their internal strength, improve the added value and competitiveness of export products through scientific and technological innovation, and maintain the steady and rapid development of China's economy. Friend, we can talk very well, thank you! Follow-up: Hehe … Thank you for your answer! What's your occupation? Answer: You're welcome. I work in a bank. Follow-up: Oh, that should be more than I know!