Chapter 2274 (1/2)

In the villa.

”Great!” Chai Ren's heart is full of admiration.

Top ten.

Every country is not weak.

Six years ago, a country with little sense of existence in the world, just like a rocket, set new records again and again, and was about to break into the top ten in the world.

It's really good.

。。。

Yes.

Last year.

GDP growth in Myanmar.

In addition to the trade boom, there is also an important factor - the appreciation of the Asian dollar. This is because GDP is calculated at home and then converted into US dollars.

But there is no denying that.

Myanmar's economy is indeed improving.

Otherwise.

It's impossible to sustain at the trillion dollar GDP level. Thinking of the Asian dollar exchange rate, Chai Ren sighed again. At the beginning, when the Asian dollar was priced.

One to one.

Now.

It has already been 1:1.3, one Asian yuan, and it has increased by as much as 30% in exchange for one yuan and three yuan. Moreover, there is a tendency to continue to rise.

The future.

One to one and a half.

Even.

One to two is possible.

All this.

It's not that RMB can't do it. We should know that the United States has long been calling for the appreciation of the RMB, believing that the RMB is undervalued and that it is reasonable to at least double the RMB.

However.

The appreciation of the local currency has hit exports hard.

So.

The company's strategy has been to steadily increase its value. The Asian dollar is different, although it also depends on exports, but the dominant enterprises in export are too single.

The Bank of Myanmar group is the largest.

Others.

Only a small amount of export food.

So.

Even if the Asian dollar rises, as long as the bank group of Myanmar is not afraid of losses, then it will not affect the overall economy of Myanmar. This is the key.

It can be said.

Asian yuan and RMB are not on the same path.

。。。

The Asian dollar appreciated.

From the perspective of trade, it represents the rise of Asian dollar goods. China imported goods from Myanmar, which was only one yuan at the beginning, now is one yuan and three yuan now.

But.

Huaxia is not worried.

After all.

In bilateral trade.

Myanmar's adjustment of the economy will reduce these losses, such as a large number of orders and tax cuts. The impact will be controlled within a certain range.

On the contrary.

The appreciation of the Asian dollar, as the country that holds the largest amount of Asian dollar, China is absolutely not at a loss. Let alone the current ratio of 1:3, even if it rises to 1:2.

So what?

Yes.

Chinese people may spend more money to travel, but what about that? Expensive. What do you have? In this way, everyone spends money on domestic travel.

Isn't Yu Huaxia better?

All in all.

The appreciation of the Asian dollar is the trend of the times, and it is also popular expectation.

。。。

Now.

Look at the data.

Again.

India is sour again. The GDP of Myanmar will surpass that of India at this rate.

Suddenly.

I was rather depressed.

What's more depressing is that at the current Asian dollar exchange rate growth rate, even if Myanmar stays the same next year, it will still rise after converting into US dollar GDP.

This is even more exciting!

I want to learn.

It's a pity.

I can't learn.

A rise.

Exports, which are already depressed, will be even worse. Moreover, it is not up to India to decide. Unlike Myanmar, the Central Bank of exchange rate decides.

The exchange rate of rupee is determined by the international exchange rate market. There are essential differences between the two. The former is to master the initiative as much as others say.

The latter.

It is completely passive.

So.