RMB "Limit" &Nbsp; Textile Foreign Trade Enterprises May "Breathe".

From 1 to 8 to 1: 6.3 in the past two or three years, the continuous appreciation of the RMB against the US dollar is not only a hot topic of concern in the financial and investment sectors, but also one of the factors that puzzle the development of foreign trade enterprises.

Especially since last year, the frequent "rising day" market has made foreign trade enterprises more stressed because of rising raw material prices and increasing labor costs.

However, since the beginning of November this year, the RMB has changed its unilateral appreciation trend, and has continued to depreciate against the US dollar.

Does this mean the appreciation of the renminbi?

Pressure or suspension of foreign trade enterprises

At present, there are more than 4200 textile export enterprises in Shaoxing county.

The biggest impact of exchange rate changes is import and export enterprises.

Reporters learned that in recent years, with the appreciation of the renminbi, Shaoxing's foreign trade enterprises are under great pressure.

"Most enterprises in Shaoxing County adopt dollars.

From this perspective, the depreciation of RMB is a good thing for export enterprises. "

However, according to reporters, the RMB exchange rate against the US dollar has been in a "appreciation" state until recently.

However, many foreign trade people in Shaoxing believe that even if the renminbi continues to depreciate in the near future, it will not fundamentally solve the plight of the current foreign trade enterprises.

"At present, the two major factors that affect the development of foreign trade enterprises are the decline in orders caused by the European financial crisis and the tightening of bank credit, and the issue of exchange rate has actually dropped to a secondary position."

Try to use RMB to settle accounts.

"We used to use the US dollar to settle accounts, and the appreciation of the renminbi was very risky. So we began to try to settle in RMB.

It can be said that exchange rate risk forces us to make efforts to advise clients to use RMB to settle accounts.

Mr. Huang, director of a textile foreign trade enterprise in Shaoxing County, said that from the perspective of enterprises, of course, we hope to use Renminbi.

In an interview, the reporter found that enterprises generally reflected that the acceptance of RMB by European and American customers was relatively low.

"Now we are trying to explain to the customer the procedures and methods of using RMB to settle accounts, but many European and American customers are accustomed to settle in the past way, and it is more difficult to accept."

Keqiao several textile foreign trade enterprises responsible person said.

In this regard, Shaoxing County Commerce Bureau official said, in the short term, the RMB exchange rate may be in the next one to two quarters in a platform finishing period, but we can not think that the trend has been appreciated.