How do enterprises deal with floating exchange rates

Author: Wang Jian
Publisher:
Publish Date: 2005-10-01
Features: Under the floating exchange rate system of the RMB, enterprises have begun to face exchange rate risks. How to avoid exchange rate risks and turn them into profit has become a new challenge and task for enterprises. This book adapts to the changes, focuses on application, and concisely and clearly outlines the various financial derivative instruments in the financial market. These financial derivative instruments provide enterprises with opportunities for hedging, speculation, and arbitrage, as well as new tools for risk management, inventory management, and asset portfolio management. They are a powerful tool for enterprises to adapt to the exchange rate system reform and turn floating exchange rate risks into profits.