Design Of The Exchange Rate Risk Management System Of HD International

Recently the trend of economic integration development has a profound impact on our country.Our country executes on the basis of market supply and demand.The reference of basket of currencies,the managed floating exchange rate system,the system of exchange rate fluctuations has a certain threat to China's international project contracting enterprises.The enterprise industry characteristics are sensitive to exchange rate changes.Therefore it is very important to study the exchange rate risk management system of HD International.First of all this study analyzed the current situation of HD International exchange rate risk management where exchange rate risk management organization,exchange rate risk management process and the exchange rate risk management methods are summarized.Thus it discovered the existing problems and explored the causes.Secondly it has been clear about the HD International exchange rate risk management system design principles and objectives.According to the COSO enterprise risk management framework theory,following four aspects of the exchange rate risk management system to carry on the design organization system,process system,identification system and response system.Again,in the exchange rate risk management theory and management theory,under the guidance of exchange rate risk management of the enterprise organization system to carry on the design,put forward,including decision-making,management,directors,examine layer and the four levels of exchange rate risk management organization system.Then,based on specific operation combined with HD International related theory,lack of new process optimization improve existing processes link content designed for the cognitive stages including exchange rate risk,exchange rate risk and performance evaluation of three stages of system of exchange rate risk management process.This paper studies the recognition of the exchange rate risk of HD International by the existing exchange rate risk identification method and determines the exchange rate risk of the company to determine the risk management recognition system of HD International exchange rate.Framework based on risk level,eight elements from two aspects of exchange rate risk prevention and control HD International exchange rate risk management system for design,and combining with the characteristics of the company's business to select different methods.Finally,this paper puts forward the safeguard measures for the implementation of the designed exchange rate risk management system.From the point of ascension consciousness,human resources and three aspects of security information system construction,it is beneficial to help the effective operation of the exchange rate risk management system and promote the company to better achieve the business goal.