Pay Attention To "More Than 3" In Foreign Exchange Financing

At present, many start ups

The industry experts pointed out that investors choose foreign exchange financing, which means that in order to obtain relatively high profits, they give up the right to withdraw and pledge in advance.

And whether this income has reached the expected value is influenced by many factors.

The risk comes first from the US dollar.

At present, the central bank sets the basis for us dollar small deposit interest rate, which is the benchmark interest rate of the Federal Reserve.

In 2000, the Federal Reserve began to cut interest rates on the US dollar, the ultimate aim of which was to stimulate the domestic economy.

From the perspective of rising consumer spending and manufacturing recovery, the signs of a rebound in the US economy are more obvious.

Some experts point out that the Fed is likely to raise interest rates this year.

With the Fed raising interest rates, the Central Bank of China will generally raise the interest rate of domestic dollar deposits.

Once the interest rate of the US dollar rises, the advantages of foreign exchange financial products relative to high income will no longer exist, and may not be as good as the proceeds from ordinary deposits.

The second is the depreciation of the US dollar.

A lot of people realize that in the past, it would be possible to devalue the dollar in the account, so they thought of managing money.

But they ignore another important problem even if their money is invested in foreign exchange financial products, they are still dollars. Once RMB appreciates, if they want to convert into Renminbi, they still have great exchange rate risk.

For banks, the core of financial derivatives business is risk control. Banks must establish a sound internal control mechanism and risk management system.

According to the people concerned, domestic commercial banks have been engaged in traditional businesses such as deposit and loan for many years, bringing financial derivatives as new businesses, and relatively few domestic banks.

Therefore, the first problem facing such businesses in the future is how to prevent and control risks.

Another important problem faced by Chinese banks is the shortage of qualified personnel.

Financial derivative business is a contest of brains, which is essentially different from traditional business.

The personnel engaged in derivative business must be experts. Not only do we have to understand the structure of the proceeds of the products, accurately analyze the risks, but also we must understand and judge the trend of interest rates and exchange rates in the international financial market.

In this regard, the CBRC's management regulations require that the financial institutions that run derivatives business should have good internal control mechanisms and risk management capabilities, and the trading personnel should be able to skillfully master the skills of derivatives trading and strictly abide by the relevant operating rules.