whether the influence on textile industry in Zhejiang province caused by RMB exchange rate movement is active or not, and will it influence the export of textile in Zhejiang, all this is the main idea that the passage should research .This passage introduces the positive or negative impact on export of textile in Zhejiang through the movement of exchange rate, and make research through investigation analysis and empirical analysis, then gain the conclusion that it is obvious that the exchange rate plays important role in export of textile in Zhejiang. At the end of this passage, we suggest some measures to against exchange rate fluctuations.
KEYWORDS:the appreciation of RMB, textile industry in Zhejiang, exchange rate risks, exports, exchange rate flexibility