Foreign Trade Enterprises Prefer Stable Exchange Rate.

< p > < strong > < a > href= > //www.sjfzxm.com/news/index_c.asp > RMB > /a > devaluation < /strong > /p >

< p > < strong > is advantageous to foreign trade enterprises with < a href= "//www.sjfzxm.com/news/index_c.asp > > instant settlement < /a >" /strong > /p >

Liu Qing, who has been a foreign trade company in Yiwu for eight or nine years, told reporters that the RMB exchange rate has been changing quite a lot in recent years. Yiwu businessmen have become accustomed to it. Whether RMB depreciates or appreciates, there will not be too many foreign trade enterprises that deliberately pay attention to it.

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"P >" for the depreciation of the renminbi, for some foreign trade enterprises settled in US dollars, it must be very happy.

For example, a previous order to the Middle East is 10 thousand dollars, and I need to spend 60 thousand yuan to go to the market to buy goods. After one month, the freight payment is made, the other side hits 10 thousand dollars, and at this time the exchange rate becomes 6.2. In fact, the Renminbi I exchange for is 62 thousand yuan, which is the extra profit.

Liu Qing said.

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The depreciation of RMB P is theoretically beneficial to export. Some small export enterprises that have instant foreign exchange may enjoy the benefits of exchange rate fluctuations, but export orders do not increase because buyers and sellers tend to be in a stalemate because they do not know clearly about the trend of the renminbi.

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< p > conversely, for some foreign trade enterprises that have locked the exchange rate, they may lose some.

Some large enterprises have suffered the loss of exchange rate caused by the rapid appreciation of the renminbi last year. They may have locked the exchange rate with the banks, so they can not enjoy the welfare of RMB devaluation.

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< p > < strong > foreign trade enterprise < /strong > < /p >.

< p > < strong > using RMB settlement to avoid risk < /strong > < /p >

"The floating of RMB exchange rate has increased, which has increased the difficulty for enterprises to judge the RMB exchange rate. Therefore, enterprises can only reduce the exchange rate risk by shortening the settlement date with foreign manufacturers' orders," P, a leading official of a pure export garment manufacturing enterprise in Ningbo, told reporters.

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< p > this is also the real reason why some foreign trade enterprises often mention "dare not take a big deal but just do small bills".

The disadvantage of only doing small bills is that the development of enterprises is not stable enough. It is very likely that they will encounter two plight of drought and flood.

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< p > reporter found in the interview that some a href= "//www.sjfzxm.com/news/index_c.asp" > foreign trade enterprise < /a > adopted RMB settlement, so the change of exchange rate has little impact on enterprises.

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Fang Dajun, a p ornament in Yongji, said that in the early stage of foreign trade, it was settled in US dollars, and later changed to RMB settlement, so as to avoid the influence of the middle exchange rate.

"The order for foreigners is 100 thousand yuan, then finally pay me 100 thousand yuan. The problem of exchange rate is between foreign businessmen and foreign trade companies."

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Lu Xingrui, head of Airsun life and creative ceramics, is also using RMB settlement by P.

"The fluctuation of RMB exchange rate has nothing to do with our final settlement, but it still has more or less influence on foreigners. The other side will deliberately consider the change of exchange rate, so it is often hesitant to place orders."

He hoped that the RMB exchange rate would be stable and better.

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< p > for many foreign trade enterprises, the profits and losses brought about by exchange rate changes are limited. The most important factor in the past one or two years is the price of the products themselves.

"From the year to the present, because of the increase in labor costs, many of our products have been raised, and the profit margins are getting smaller and smaller."

Lu Xingrui said.

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