Also known as the price payable method.
The exchange rate is expressed by converting a certain unit of foreign currency into domestic currency as the standard.
Under the direct pricing method, the foreign currency amount is fixed and the exchange rate is expressed as the change in the relative domestic currency amount.
A decrease in a given unit of domestic currency means a decline in the exchange rate, that is, a depreciation of the foreign currency or an appreciation of the domestic currency.
Most countries in China and the world use the direct list price method.
Our COUNTRY IS BASED FOR MARKET SUPPLY AND DEMAND, SINGLE, FLOATING RATE SYSTEM THAT HAS MANAGEMENT.
The People’s Bank of China announces exchange rates against major foreign currencies on the basis of inter-bank prices.
Also known as the receivable pricing method.
The exchange rate is expressed by converting a certain unit of the domestic currency into a certain amount of foreign currency as the standard.
Under the indirect pricing method, the amount of the domestic currency is fixed and the exchange rate is expressed as the change in the relative amount of the foreign currency.
An increase in the amount of foreign currency converted into a certain unit of domestic currency means that the country has risen, that is, the appreciation of domestic currency or the depreciation of foreign currency.
On the contrary, the amount of foreign currency converted into a certain unit of domestic currency decreases, indicating the decline of the exchange rate of domestic currency, that is, the depreciation of domestic currency or the appreciation of foreign currency.
Britain has always used indirect pricing.
Direct and indirect pricing methods have opposite meanings in terms of exchange rate fluctuation. Therefore, when quoting the exchange rate of a currency and explaining its fluctuation, it is necessary to specify which pricing method is used to avoid confusion.
Also known as the New York marking method, it refers to the marking method in the New York international financial market, in addition to the direct marking method, the indirect marking method is used for other foreign currencies.
The marking Price Act was enacted and implemented by the United States on September 1, 1978, and is now the prevailing marking price act in the international financial market.
Biden proposes a 20% minimum income tax for billionaires, Sanders proposes a 95% windfall profits tax for US tycoons.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
