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RMB settlement pilot program and applications have been submitted to the State Council, there are 4 commercial banks in the RMB international trade settlement pilot, the first batch of companies involved in the RMB international trade settlement pilot enterprises are also being identified. The historic opportunity for the free convertibility of the renminbi is coming...... recently, China proposed a new reserve currency instead of the dollar, which was echoed by other international organizations, such as the United Nations and the International Monetary Fund, and also received positive responses from some countries. Shishi's export-oriented enterprises, affected by the huge fluctuations of the US dollar, believe that the reform of the international monetary system of the single dollar will help the export-oriented enterprises to increase their value and increase their income. the United States to open the money printing machine news, the world currency air jordan 11 space jam for sale fluctuations, "exchange rate risk" once again become Shishi's export-oriented entrepreneurs widely discussed topic. The first half of last year, the substantial depreciation of the dollar caused by Shishi foreign trade difficulties are still fresh, dry half his financial personnel for the first time with a collection of car, immediately drove to the bank settlement, lest the slightest hesitation, the dollar was sinking, the hands of gold immediately weightlessness. With more than 20 years of experience in the market economy, Shishi entrepreneurs, for the first time found that whether the profits of enterprises even depends on their own unable to control the "exchange rate."". : in the second half of last year, the dollar rose strongly, and the foreign exchange value of the products exported by Shishi stone lions seemed to be higher. However, the new problems come again, the international financial turmoil, triggering the euro, the pound, the won, the ruble, th cheap jordans free shipping e Australian dollar and other major international trading currencies have depreciated accordingly. In April 2008, 1 euros for 11 yuan and more yuan, and now can only change more than 9 yuan, less than a year devaluation of about 20%%; the ruble since October last year, and the ratio of RMB has depreciated about 60%%...... As a result of these lions products export market, the country's currency devaluation is too much, fold into the appreciation of the dollar, buy Chinese stone lion products are less, and simply no longer orders or less orders. Since the European Union implemented anti-dumping duties on Chinese leather shoes, Shishi leather shoes have expanded rapidly in the Commonwealth of Independent States, greatly replacing the EU market. But now, with the CIS as the main export market of Shishi shoes enterprises, orders are not coming, the workshop does not work overtime, the workers have a long holiday. Russian business and Shishi apparel enterprises more in doll cheap jordan shoes ars, the substantial depreciation of the ruble, means that they want to spend more money to buy Shishi clothing and shoes, uneconomical. : last week, the U.S. dollar against the RMB once again back to 6.83 yuan, a record high of the year, the appreciation of the renminbi weakened the advantages of Shishi enterprises exports. The products made by Shishi are not good, only because of the exchange rate change factors, the export quantity and earnings are not proportional to the phenomenon, this is what Shishi people could not have imagined before. 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