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  • The currency exchange rate breaks the 7 and brings short-term export business benefits and long-term needs for stability.

    24 May 2023

    China Foreign Exchange Trading Center data showed that on May 22, the shore closing price of the RMB-USD exchange rate was 7.0304 yuan, down 69 basis points from the previous trading day. Since the first breakthrough of the 7 on May 17, in just a few trading days, the RMB-USD exchange rate has fallen more than 0.9%. Currently, the RMB exchange rate shows a two-way trend of fluctuation, and the market sentiment is relatively stable.

  • What are the international settlement services offered by Universal Clothes?

    30 March 2023

    Payment settlement in international trade is a critical process involving multiple currencies, commercial banks, and payment methods. Therefore, international settlement is a complex and rigorous field that requires professional service providers for support and guidance. Zongdai Service is a professional international trade service provider offering comprehensive international settlement services.