😭It's heartbreaking, the offshore RMB exchange rate has broken 7, returning to the 6s era. Today remains a day of holding and waiting for a decline!——

At the beginning of the year, with an exchange rate of 7.35, 7.35 million RMB could be exchanged for 1 million USD;

If you had deposited into a USD fixed deposit with an annual interest rate of 4%, you would have 1.04 million USD after one year;

Now, with the RMB appreciating to 7.05, exchanging 1.04 million USD back to RMB yields 7.332 million RMB, resulting in a loss of 18,000 RMB after a year of trading.

This year's keywords: stocks, bonds, forex, cryptocurrencies, four kills. #BTC
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Forget it, just enjoy the holiday peacefully!