The foreign exchange bureau issued guidance service enterprise exchange rate risk management

The reporter learned from the State Administration of Foreign Exchange on July 1 that the State Administration of Foreign Exchange Enterprise Exchange Risk Management Service Group recently issued the "Guidelines for Enterprise Exchange Risk Management" to help enterprises comprehensively understand, scientific management exchange rate risks, and help enterprises to increase awareness of prevention of exchange rate risksWith ability.

The guidance uses a large number of real cases of high -quality enterprises, close to the actual scenario of the enterprise, and introduces the practice of providing exchange rate risk management services from different market entities such as large enterprises and small and micro enterprises, as well as the concept and accounting method of hedging accounting.The guidance enhanced readability, which aims to facilitate enterprises to fully understand the positive significance and key operations of exchange rate avoidance.

The relevant person in charge of the Foreign Exchange Bureau said that enterprises can take the guidelines as a reference guide for exchange rate risk management, establish an effective exchange rate risk management mechanism, and reasonably use foreign exchange derivatives to manage exchange rate risks.In addition, the foreign exchange bureau's exchange rate risk management service team will continue to update the guidelines in combination with market practice.(Reporter Liu Kaixiong)

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