Global currencies, the Asian session yesterday, the dollar index rebounded significantly, intraday gains rose to 0.35%, hit 90.7858; non-US currencies generally give up, the euro against the dollar since the day's high point back down nearly 100 points to 1.2209, the dollar against Yen below the 110 mark.
Analysts pointed out that the recent rapid appreciation of the renminbi is mainly affected by the continued weakness of the dollar index, but should also see that the relatively stable fundamentals make the exchange rate is still facing the heart to contain. For now, the Chinese economy is likely to stabilize in 2018, while the renminbi does not have the fundamentals of continuing substantial appreciation. In the course of the Fed's "reduction of interest and interest rates", the dollar trend also varies. Overall, the two-way fluctuation of the RMB exchange rate, wide volatility is more likely to be the norm.
If you intend to buy our rigging hardware and cable railing now, you may have to pay a little more because the recent renminbi is very strong. According to experts predict that the RMB will continue to be strong in 2018, so the appreciation of the renminbi is predictable, although the recent strength of the renminbi, but there are still advantages over the future, if you have plans to purchase cable railing, swage stud, do not hesitate Now the price will be very favorable, the Chinese Spring Festival approaching, most factories are busy before the annual order, but so easily lead to long-term off after the Spring Festival, so now order, post-delivery, both you can Get a good price, you can get a good delivery, such a good thing, what are you still hesitate to enter the official website of Terada hardware www.teradahardware.com, the inquiry you want to purchase the product here to We, Terade will give you the best service and products.
PINTEJIN Rigging lifting sling now has become leading enterprise in China. And we are creating the largest-scale and metal forging workshop.PINTEJIN has the complete production line from raw material to finished products. Each processing has independent workshop, making lifting sling, ratchet strap, car towing belt from 0.5T to 3000T. We are capable of finishing big order quickly.