The accelerated appreciation of the renminbi hit a new high in exchange reform for three consecutive days

China Foreign Exchange Trading Center announced that the central parity of the RMB exchange rate in the inter-bank foreign exchange market on August 12, 2011 was US$1 to RMB6.3972. After yesterday’s breakthrough of the 6.40 mark against the US dollar, the RMB rose again by 19 basis points today, for three consecutive years. The trading day created a new high in exchange reform. Since this period of time, the appreciation of the renminbi against the US dollar has accelerated. In the 10 trading days since August, the central parity of the renminbi against the US dollar has refreshed the exchange rate record on the 6th. After the three major rating agencies reaffirmed that the French 3A rating remains unchanged, and Germany and France will discuss the debt crisis, the euro rebounded against the US dollar on the 11th. Similarly, except for the Swiss franc, other major currencies were flat against the US dollar. Or slightly higher. As of the close of the New York exchange market, the US dollar index closed slightly lower. The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that the central exchange rate of the RMB exchange rate in the inter-bank foreign exchange market on August 12, 2011 was: US$1 to RMB6.3972, 1 Euro to RMB9.0866, and 100 yen to RMB8.3086, HK$1 For RMB 0.82074, 1 pound against RMB 10.38801, RMB 1 against 0.46757 ringgit, and RMB 1 against 4.6370 Russian rubles.  

Floor Lamps

Crafted from manufactured wood, this special design of LEDER technology`s floor lamp features an open frame with three manufactured wood shelves to store framed family photos, books, and beyond. Up above, a single 100 W medium-base bulb (not included) ensconced within an off-white rectangular shade offers a boost of brightness. This piece is perfect for sprucing up narrow nooks and cramped corners.

Offering a boost of brightness and a splash of contemporary style, this floor lamp is perfect for breathing new life into any layout. A white globe shade sits up top and rounds out the design, diffusing light from a compatible E26-base bulb (not included) throughout your space. A convenient foot switch lets you turn this floor lamp on and off with ease.

Features:

• Fashion design

• Light intensity can be adjusted

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• Color temperature :3000k-6000K

• Adjustable angle: Allows for light distribution in the direction that best suits your space.

• Type of protection: IP20

• Warranty for bulbs :2 years

Illuminate your space is a clean, modern style with this reading floor lamp. Suspended from its hook-shaped top with a hand-blown glass cylinder shade. This floor lamp is operated by a simple on/off switch.A great choice for living room, bedroom, corner, gallery, especially for your teenager`s or girl`s room.

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