How the devaluation of RMB affects your life

[ Abstract ] Whether it is investment or travel abroad, this round of RMB depreciation may have had a great impact on domestic residents ' life and trade.

For the majority of ordinary people, usually does not seem to be too concerned about the rise and fall of the renminbi. However, whether it is investment or travel abroad, this round of RMB depreciation may have a great impact on domestic life and trade. Below, we look at the extent of the spread of the different groups, to understand the impact of the yuan collapse behind the loss.

Ordinary people: The renminbi is worthless?

For ordinary people, after the devaluation of the renminbi, is there any good investment advice? In this respect, the Bank of China's foreign exchange traders said that if you want to go out to play, now the Euro is definitely a more cost-effective time to exchange, but the investment, or the dollar c13/> investment value is high. In addition, the year before the Chinese aunt Stir Gold , recently performed well. It may also be a good choice, given the easing of the global central Bank and the holding of gold in the hands.

Investors: A- share which plate will be affected

The short-term devaluation of the renminbi will inevitably have a certain impact on the capital market. So for investors, how should the devaluation of the renminbi impact on a-share investment?

In this respect, UBS securities pointed out that if the renminbi depreciation recently, the A-share market may be under pressure. As far as the industry sector is concerned, the financial and real estate sectors tend to be the deepest hit. At the same time, a depreciation of the renminbi could lead to temporary capital outflows.

Of course, there are pros and cons, there are people in the industry said that, according to the industry, a-share market to export-oriented industries will undoubtedly benefit the devaluation of the renminbi, and the textile clothing, shoes and hats will be the biggest beneficiaries.

Sea Amoy, travel talent:

Avoiding America, moving to Europe Day

A head of an overseas travel agency said that if the renminbi remained undervalued, the price of outbound travel would certainly continue to rise, especially to the United States. In contrast, the euro, the yen and other currencies because the renminbi is still relatively undervalued position, Europe and Japan's tourist routes are now a good choice.

In addition, for the sea Amoy, now obviously also need to be ready to "go to Europe." People with related industries say that as the dollar appreciates, the purchasing power of the renminbi has declined, and the US sea and purchasing will cool down. "I used to pay attention to the United States Amazon, later to look at the United Kingdom, Germany's Amazon, the same things may be more favorable in Europe, as well as Korea Lotte official website. ”

Studying in the United States: tuition pressure is high

The devaluation of the renminbi, the most wounded, perhaps also belongs to those who go to the United States of foreign student families.

In the upsurge of studying in the United States, the American MBA major is the "golden Treasure" of business specialty, it is very popular among domestic students, but the cost of Chinese parents is greatly increased overnight. At present, the U.S. MBA time is generally two years, tuition is 10,000 million dollars, plus living expenses and other costs, read the full course fees need 50,000 ~30 million. 300,000 USD is calculated as 10th exchange rate is 1.834 million, 11th will spend nearly 40,000 yuan.

Export enterprises: a rare opportunity

Exchange rate fluctuations of several percentage points may not be so significant for ordinary consumers, but for millions of dollars in an order, changes in the exchange rate directly affect the profitability of the business.

A simple example to calculate, the company and a foreign vendor signed a 1 million-dollar list, the previous months in advance to lock in 6.1 of the proceeds to see, the income is 6.1 million yuan, however, with the renminbi depreciation, according to yesterday's spot exchange rate, up to 6.25 million yuan, the equivalent of less than 140,000 yuan earned.

According to industry sources, the recent devaluation of the renminbi is good news for export companies, companies to seize the opportunity to do more depreciation and take immediate settlement of the way, seize the exchange rate timing, and in this way to increase returns. "In the long run, if the renminbi has been devalued, it is a good thing to have a price advantage over the goods it exports." ”

How the devaluation of RMB affects your life