Research On The Problem Of Avoiding Exchange Risk In Shipping Company

Shipping companies often use foreign currency for quoting prices and setting accounts in their funds-raising investment and daily management with the further reform of China's RMB exchange rate, exchange rate system will be leaded to the market, therefore, foreign exchange risk management becomes more and more significant in shipping companies' management.On the basis of analyzing exchange-rate movement, this paper aims at the discernment of foreign exchange risk in the management of shipping companies. Using artificial neutral network, the author establishes the predicting model and specific predicting. According to exchange rate prediction, the author proposes feign exchange risk management strategy. Combining with China's development strategy of shipping companies, considering the trends of shipping companies' internationalization and large-scale, the author discusses the issue of foreign exchange risk avoidance in a company's international management.