The Study On Exchange Hedge Of A Company

In recent years,the international financial market turmoils singularly.The exchange rate and interest rate change from unidirectional into bidirectional,especially after the“ 811 ” exchange rate reform.The exchange rate risk is becoming more and more important for the export enterprises because of the frequent fluctuation of exchange rate.In the long run,with the improvement of the exchange rate mechanism and the enhancement of the market function.Obviously the expansion of the RMB exchange rate fluctuation and the speeding up of frequency are inevitable.In current situation,it's important and urgent for many export enterprises to avoid exchange rate risks by using currency hedge products through the new varieties,new means in the international financial market.The enterprises guarantee their business results by avoiding exchange rate fluctuation risk.The theoretical and practical subject is significant to the concrete application.Therefore,the paper mainly discusses with the theoretical analysis and the case analysis.It analyzes and collates related data,charts and so on.The paper-'The research on A enterprise currency hedge' embarks from presenting the sense of exchange rate risk,related theory and the varieties of hedge products,analyzes the application situation of exchange rate hedge products.Secondly,according to the problems in application of hedge products,the paper analyzes the causes from both internal and external factors.At last,the paper provides some advices on improvements of hedge products application and givesa research summary and outlook.