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Thread: In other news (this could effect us)

  1. #1
    Join Date
    Jun 2006
    Location
    Charlotte, NC
    Posts
    1,117

    Default In other news (this could effect us)

    Chinese Yuan is becoming more powerful and has decided to drift away from the rough percentage exchange rate its sat at for a long time.

    My manufacture I deal with has mentioned a price increase but said it would not affect me as I am a good customer to them. They said dollar is becoming less and less valuable to them although the dollar still reigns supreme over the Yuan

    Just a heads up for people who dont keep up with exchange rates

  2. #2
    Join Date
    Nov 2005
    Location
    Melbourne, Australia
    Posts
    3,677

    Default

    This has been like this for sometime.

    Ever since the RMB was floated, it has continued to gain strength against the US dollar. Although, the rate at which it moves has been limited to a very slow movement.

    I think something that has to do with it also ATM, is the US dollar is quite weak against all other currency's...
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  3. #3
    Join Date
    Jun 2006
    Location
    Charlotte, NC
    Posts
    1,117

    Default

    hehe, i dont keep up with it but when it gets mentioned to me that prices should have gone up, I listen. I am just glad they havent with me

  4. #4
    Join Date
    Dec 2005
    Location
    GuangZhou of China
    Posts
    162

    Default

    :cry: :cry: :cry:

    I make deal scared dollar :twisted: :twisted: :twisted:
    But still love it,because that is also a money :P :P :P

    JIAN
    www.DTelectronic.cn

    DT-40pro scanner
    DT45/50 scanner

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