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the RMB has big devaluation ,have you heard it ?

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the RMB has big devaluation ,have you heard it ?
the RMB has big devaluation ,have you heard  it ?

yesterday i go to bank  ,to receive  westeru union from UK customer , the rate is 6.41 , it is very higher than before . 

the UK customer pay  barbed wire and grassland fence mesh 100% deposit . i get all money from bank .

it means that the RMB has big devaluation ? what is affect to common people life and economic ?

1> frist of all , some people more like buy some luxury goods from overseas , RMB devaluation , the buyers must be pay more money  to get  goods .  surely , if you have some foreign currency in your hand , it isn't big affect . if not , the cost will have big up .

2> second: some overseas students in USA ,  the RMB devaluation means  exchange dollar is more less  ,such as , tuition , cost of living  etc , will have increase too . no wonder , RMB devaluation later , the bank window happend more students parents to exchange dollar  than usually .

3> third :to travel abroad will increase cost too .before , china woman buy toilet from Japan , buy chanel from France . but RMB devaluation now , it must be save . now compare to  2014 year , exchange ten thousand , it may need cost more than 1700 RMB than 2014 year  ,exchange ten thousand Euro . it cost more than 3100 RMB than 2014 year . travel overseas cost obvious increase .

4> the last one : building cost will stop big increase , RMB devaluation  ,some investors may worry about pull out building  .especially , some money from overseas long days ago , due to RMB devaluation  ,to out of china . no easy go into china market .  kinds of function below , it will make china building price is down , do you belive it ?

what is your idear about my article ? if have more news ,no hesitate to e-mail me , thanks again .

Pub Time : 2015-08-13 10:14:55 >> News list
Contact Details
Anping County Hengyou Wire mesh Products Co., Ltd

Contact Person: Mr. Bob Hope Wei

Tel: 86-0318-18732893272

Fax: 86-0318-18732893272

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