1 thought on “How much RMB of S $ 50 is”

  1. 50 Singapore yuan = 233.68 yuan
    : The exchange rate refers to the rate of exchange between the two currencies, which can also be regarded as the value of the currency of one country to another currency. Specifically, the ratio or price of the currency of one country to the currency of one country to another country is the price of the currency of another country represented by the currency of one country.
    : The exchange rate changes have a direct adjustment of the import and export trade of one country. Under certain conditions, by depreciating the foreign currency's external depreciation, that is, the rising exchange rate will play a role in promoting exports and restricting imports. On the contrary, the domestic currency appreciation, that is, the decline in exchange rates, will play a role in restricting exports and increasing imports.
    : The exchange rate will change due to interest rates, inflation, national politics, and economy of each country. The exchange rate is determined by the foreign exchange market. The foreign exchange market is open to different types of buyers and sellers for extensive and continuous currency transactions (foreign exchange transactions are carried out 24 hours a day except weekends, that is, from GMT time on Sunday 8:15 to GMT 22: 00. R. R. n: Price
    It from the perspective of imported consumer goods and raw materials, the decline in exchange rates will cause the price of imported goods in China. As for the degree of influence on the total price index The proportion of the values. Conversely, other conditions remain unchanged, and the price of imported products may be reduced. As for the extent that it affects the total price index, it depends on the proportion of imported goods and raw materials in the total national product. R n: Capital flow
    The short -term capital flow is often greatly affected by the exchange rate. When there is a trend of the depreciation of the local currency, domestic investors and foreign investors are unwilling to hold various types of local currency value. Financial assets will be transferred to foreign exchange, and capital outflows will occur.
    : At the same time, due to the transfer of foreign exchange and exacerbating foreign exchange supply, the exchange rate of the local currency will further fall. Under the trend, domestic investors and foreign investors have strived to hold various financial assets worth of the local currency and triggers capital flow. At the same time, because foreign exchange is transferred to the local currency, foreign exchange supply is too demand, which will promote the further increase in the exchange rate of the local currency.
    : The definition of exchange rates
    exchange rate (also known as foreign exchange interest rate, foreign exchange exchange rate or foreign exchange market). The exchange rate is a financial means for various countries to achieve their political purposes.

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