Insight into the Foreign Exchange Market

Author: Wang Yingguì, Gan Dangshan
Publisher:
Publish Date: 2006-12-01
Features: The formation mechanism of the RMB exchange rate and the development of the foreign exchange market have a significant impact on the economic activities of financial institutions, enterprises, government agencies, and individuals. Understanding the foreign exchange market, familiarizing with foreign exchange products and transactions, mastering foreign exchange risk management methods including forward contracts, and further integrating with the international financial market are urgent issues that need to be addressed to enhance the foreign exchange risk management capabilities of relevant institutions. The authors of this book have been engaged in foreign exchange trading and financial research abroad for many years. Utilizing the latest authoritative data, they comprehensively and systematically introduce the international foreign exchange market, foreign exchange product trading, foreign exchange risk management methods, and analyze in-depth the various factors influencing exchange rate fluctuations. The book emphasizes both theory and practice, combining operations with analysis, making it a valuable reference for individuals who want to understand or are already involved in foreign exchange trading and risk management. The book is divided into ten chapters, covering topics such as the development and operation of the international foreign exchange market, foreign exchange products, foreign exchange trading practices, foreign exchange trading risk cases, and foreign exchange risk management.