Research On Influence Of RMB Exchange Rate Fluctuations And The Countermeasures For China SMEs

Export plays a significant role for China national economic development,which was so called one of the three driven force.Among which the small and medium-sized enterprises(SMEs)contribute a huge portion of the total export business as they provide wide range of products and numerous job opportunities.In recent years,along with the internationalize strategy of Chinese currency RMB,the exchange rate fluctuations become more frequent which bring unconcerned risks for the SMEs management.It is a necessary approach to study the influence of exchange rate fluctuations risks and develop a series of effective methods to minimize the risk.It is important not only to survive and development of the SMEs,but also meaningful to the national economic development and social employment etc.Firstly,this paper adopt literatre research,based on relevant international and native studies and theories regarding exchange rate fluctuations and risk management,the paper draw out guidelines to evaluate the foreign exchange risk types and methods for risk management.Secondly,it takes Y company as the research object,through illustrate the general key pictures of Y company over sales condition,market structure,payment term etc.,we can have a clear understanding of the problem the company is facing and the characters of foreign exchange risks of the company.With the analysis of the international and domestic factors,the writer get main reasons and type of the feedback regarding the risks,and on this basis develop the corresponding measures,not only has a strong practical role for the healthy and constant development of Y company but also provide useful reference for risk management of SMEs in the industry.