LBX(SH:603883) Sou Hu Cai Jing·2025-10-12 21:19Core Viewpoint - The fluctuation of the RMB to USD exchange rate reflects the relative value of currencies and is influenced by various global economic factors, rather than indicating a permanent devaluation of the RMB [1][3]. Impact of Exchange Rate Fluctuations - The rising cost of imported goods, such as milk powder and electronics, is directly linked to the USD's strength, which increases the cost of these items for consumers [3]. - Parents of students studying abroad face increased financial pressure as the cost of living in foreign currencies rises due to the depreciation of the RMB [3]. - For export-oriented companies, a weaker RMB can be beneficial as it makes Chinese goods cheaper for foreign buyers, potentially increasing export orders [3]. Underlying Logic of RMB Exchange Rate Changes - Exchange rate fluctuations are normal and reflect the broader economic environment, including China's strong economic fundamentals and foreign exchange reserves [3][4]. - The RMB's international standing is improving, despite temporary fluctuations caused by global economic conditions and U.S. monetary policy [3][6]. Long-term Outlook - The RMB is expected to remain stable in the long run, supported by China's robust economic foundation and ongoing efforts to enhance the currency's international influence [6][7]. - The increasing use of the RMB in international trade settlements indicates its growing significance and acceptance globally [7]. Recommendations for Individuals - Individuals are advised to stay calm during exchange rate fluctuations and consider strategic currency exchanges when rates are favorable [6]. - It is important to focus on personal financial planning and investment strategies rather than being overly concerned with daily exchange rate changes [9].