The US dollar exchange rate reflects specific competitiveness, so it cannot be too low or too high. This is because it is suitable for merchants to import raw materials, and at the same time, it will not impact export products, and it will be adjusted in an orderly manner for a long time, and there will be no major fluctuations in the middle. But after several months of significant appreciation, it is difficult to stop, and I don't know when it will fall back. Affecting market confidence and disrupting business operations.
Both price advantage and product advantage are important factors that determine business. However, the increase in the cost of importing by customers will also affect some businesses.
There are many customer feedbacks that the current dollar is too high, and he wants to suspend purchases. In this case, our company can only try our best to explain to the customer, and is willing to bear the risk of exchange rate difference with the customer. Now many of our products, long bar lights, short bar lights, round lights, strobe lights, sirens and horns are less expensive than before. In addition to exchange rate factors, raw material costs are slightly more stable, and there is no sharp price increase.
Our company is very much looking forward to working with you through this difficult time. If you have any questions, please contact me in time. I will try my best to give you the most timely and best feedback. Thanks for watching