进出口企业如何规避汇率风险(国外英语资料).docVIP

进出口企业如何规避汇率风险(国外英语资料) Exchange rate risk refers to an economic entity or individual in foreign economic activities, because of the change of foreign exchange rate, the foreign currency denominated assets or liabilities of uncertain value change, so that the owner of the possibility of economic losses. It is manifested in two aspects: commercial exchange rate risk and financial exchange rate risk. In international trade, prices of goods and services are usually denominated in foreign exchange or international currency. In a floating exchange rate system today, due to the frequent fluctuation of exchange rate, producers and operators in the international trade activities, it is difficult to estimate the cost and profit, the resulting risk refers to the risk of trade; in the international financial market, lending are foreign exchange lending if the exchange rate rise, the borrower will suffered huge losses, dramatic changes in the exchange rate can even consume large enterprises, foreign exchange rate fluctuations also directly affect the value of a countrys foreign exchange reserve, giving central banks a huge risk and crisis management, the exchange rate risk is called financial exchange rate risk. This article mainly discusses how to avoid the trade risk. At present, the main methods to avoid the trade rate risk are the following: Hedging of forward contracts When the multinational company with its major trading currency as a means of payment, transnational corporations and other party signed a contract, agreed at a future date, the company to pay the agreed amount of money to get paid money another number of long-term agreement (payment), which is far from its solution hedging contract guaranteed value. Most long-term hedging contracts are signed by the company with the companys opening bank or other banks. Moreover, the contract period between the company and the bank is not limited to the 1, 3 and 6 months of the offer. Although long-term hedging over a period