Research On The Design And Strategy Of Exchange Rate Risk Hedging Products Of Our Commercial Banks Under The Background Of Exchange Rate Marketization

In recent years,the process of marketization of RMB exchange rate is accelerating,the two-way fluctuation of RMB exchange rate is increasing,and the process of internationalization of RMB is also advancing.As a basic derivative,exchange rate derivatives have emerged from scratch in China's financial market,and have become a more mature product.They also have certain characteristics in recent years,and the influence factors of RMB exchange rate changes in the evolving market are also increasing.As the most internationalized bank in China,Bank B takes it as a research sample to study the evolution and development of RMB exchange rate derivatives,which has certain practical significance.Therefore,the main research direction of this article is to study the design and strategy of exchange rate risk derivatives of commercial banks in China under the background of exchange rate marketization.In the specific research process,it studies RMB exchange rate marketization and RMB derivatives,uses Bank B as the research sample to analyze the derivatives of commercial banks in China,and puts forward corresponding development strategies and achieving paths.Based on a large number of domestic and foreign theoretical literature,it analyses the market situation of RMB exchange rate derivatives,studies and analyses the exchange rate derivatives system of Bank B,expounds and studies the exchange rate risk derivatives of Bank B through SWOT analysis and AHP,puts forward some development suggestions,and studies the further deduction of exchange rate marketization,the development strategy and realization path of commercial banks.Based on this,this article draws the following conclusions: firstly,under the background of RMB exchange rate improvement process,the pattern of RMB exchange rate market has basically formed;secondly,with the ncrease of RMB exchange rate market risk,the market has formed;thirdly,under the background of exchange rate reform,the exchange rate derivative system of commercial banks represented by Bank B has been established.