Exchange Rate Changes Are Changing Rapidly. Export Enterprises Should Be Cautious.

< p > Liang Shanshan is an employee of the Hongkong Middle Road, < a href= "http://www.91se91.com/news/index_cj.asp" > trading company < /a >, whose company mainly undertakes the export business of textile enterprises to Japan. The exchange rate is the most troublesome thing now.

"Since 2011, some Japanese customers have moved orders to Southeast Asian countries, and our orders have declined.

Now that the yen has depreciated sharply, it is hard to get an order, and we must weigh it up: we will not eat without food, and then we will be afraid of the depreciation of the Japanese yen.

Liang Shanshan said.

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"P >" because the labor cost of Southeast Asian countries is lower than that of China, their textile enterprises have more and more competitive advantages.

I originally had a Japanese customer who had pferred most of the orders to Bangladesh and Vietnam, and only a few high-end products were still being purchased.

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"P > the second half of last year, this order diversion is very obvious."

Liang Shanshan said.

Today, the "a href=" http://www.91se91.com/news/index_cj.asp "yen devaluation" /a "has even made her feel the pressure." he could also find a processing factory across the province, and find some suitable factories in Hebei, Jiangsu, Hubei and other provinces, and try to make some profits, but now this profit is almost gone. "

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< p > not only is the depreciation of the yen affected, but the depreciation of the US dollar has a greater impact.

Last year, the renminbi continued to appreciate against a href= "http://www.91se91.com/news/index_cj.asp" > US dollar < /a >, from $1 to 6.40 yuan to 1 yuan to 6.29 yuan.

"At that time, people in our company were going crazy. They lost money."

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< p > Liang Shanshan calculated such an account: "to make an order of 1 million dollars, when the bill was signed, the US dollar to the RMB exchange rate was 1:6.40, and during the period of shipment, pportation and arrival, the RMB rose sharply, for example, the exchange rate changed to 1:6.30, then our direct profit shrank by 100 thousand yuan.

Although signing the list will certainly take into account the exchange rate changes, but once the price is not up to the rate of increase in the exchange rate, we will probably lose money! "/p

< p > related links: < /p >

(P) on Wednesday (February 26th), the US dollar / yen rose in early trading in New York, which was helped by the US new home sales data released during the session.

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(P) the US Department of Commerce (DOC) released a report on Wednesday that the country's new home sales in January exceeded expectations and hit the highest level in more than 5 years, showing strong momentum in the US economic recovery.

Meanwhile, the data released in January showed that the annual sales rate of new homes in the United States was 468 thousand, the highest in July 2008, and 400 thousand in the US. In January, new sales in the US increased by 9.6% over the previous month.

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Ishida Koji Ishida Koji said on Wednesday that even if Japan's gross domestic product (GDP) shrinks in the 2 quarter due to a higher consumption tax, it is expected that the trend of economic recovery will remain unchanged.

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The P maintained its expansionary monetary policy this month and extended the term of special lending instruments, thereby helping to boost economic growth, demonstrating its determination to keep Japanese Prime Minister Abe Shinzo's optimism arising from the policy of promoting inflation.

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< p > the Agricultural Credit Bank of France said, "the US dollar / yen has rebounded in the past few trading days, but failed to keep the exchange rate above 102.50 level.

The US bond yield is one of the reasons for the US / Japan rally.

But the improvement of market risk preference and the rising of Japanese stock market will push up the short-term downside risk of yen. "

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