The Application Of Foreign Exchange Derivatives Of Bank X In Exchange Rate Risk Control Of Enterprises

8.11 after revaluation,two-way volatility of RMB exchange rate,exchange rate of safe-haven demand further,more and more enterprises realize the importance of exchange rate risk aversion,foreign-related enterprises demand for attention and use of foreign exchange derivatives are improved,and large domestic commercial Banks are also releasing foreign exchange derivatives.However,China’s foreign exchange market development still lags behind the developed countries abroad,foreign exchange derivatives system of commercial Banks is still imperfect,the domestic import and export enterprises of exchange rate risk management concept and ability still need to improve,the domestic commercial Banks how to enterprises to promote appropriate stakeholders remit the ability of foreign exchange derivatives still needs to improve.Starting from the analysis of the external environment and the domestic and foreign market situation,this paper conducts a quantitative analysis on the trend data of the USD/RMB exchange rate from 2018 to 2020,and reveals the risks of exchange rate fluctuations.Through the analysis of three typical practice cases of the use of foreign exchange derivatives in the Nanjing Branch of Bank X,the paper visually shows how the foreign exchange derivatives of Bank X are applied to the exchange rate risk control of enterprises,and summarizes the effects and benefits of the use of foreign exchange derivatives for enterprises.Based on the analysis of the development of foreign exchange derivatives business of Bank X Nanjing Branch,this paper analyzes the problems existing in the development of foreign exchange derivatives business of Bank X,and demonstrates and expounds relevant safeguard measures for the rational and effective use of foreign exchange derivatives from the two dimensions of Bank X and the enterprise.In terms of research methods,through the method of literature research,the relevant research status at home and abroad are summarized.Through quantitative data analysis,to grasp the trading situation of China’s foreign exchange derivatives market and the overall situation of foreign exchange derivatives business of Nanjing Branch of Bank X;Through case analysis,investigation and other methods,this paper situationally describes how Bank X’s foreign exchange derivatives are applied to foreign exchange related enterprises’ exchange rate hedging.,through the study of this paper is intended to argumentation and analysis of the commercial Banks,including bank of X should be how to make better use of foreign exchange derivatives to enterprises in the foreign exchange risk control,this also for the foreign exchange rate risk management and foreign exchange derivatives using offer some opinions and Suggestions,points out that the enterprise should set up the exchange rate risk neutral involved remit safety concept,The future development of foreign exchange trading market and foreign exchange derivatives is also prospected.