Foreign Exchange of RMB is increasing

Since July 21, 2006, the foreign exchange of RMB is increased to USD 1.00 = RMB 8.11,  Compared with the former 1: 8.27,  the rate is going up unceasingly. Today the figure is 1 RMB = USD 7.92. We can get a glance at the following chart. 

                                              RMB/ 1 USD

RMB-vs-USD(this chart is just for reference, for more details, please visit People’s Bank of China homepage http://www.bpc.org.cn)

So everybody should take this into consideration while you import goods from China, maybe the price offer by your vendors in China is little higher than before, but in fact, it’s reasonable. We hope every guy outside China can understand it. Good luck for you! 

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