ABC公司对外贸易业务外汇风险管理研究

发布时间：2018-01-07 05:17

本文关键词：ABC公司对外贸易业务外汇风险管理研究　出处：《山东大学》2013年硕士论文　论文类型：学位论文

【摘要】：随着全球一体化进程的加速,我国与世界各国之问的经济合作领域逐步扩大,对外贸易往来日益频繁,进出口贸易额逐年攀升。但是,金融危机和欧债危机以后国际经济环境日益复杂,国际市场购买力呈现疲软态势,尤其是人民币持续升值,这些因素给从事对外贸易的企业带来十分严峻的考验。我国自2005年7月21日开始,实行以市场供求为基础、参考一揽子货币进行调节、有管理的浮动汇率制度。实行浮动汇率制度以来,人民币对美元汇率累计升值超过30%,仅2011年人民币对美元升值高达5%。人民币汇率制度改革将从事对外贸易业务的企业推至风口浪尖,汇率波动及长期单边升值,已经直接影响到对外贸易企业的实际收益,对外贸易企业如何识别外汇风险、规避外汇风险成为正常经营中需要面对和解决的重要问题。本文以外汇风险研究与管理为基础,结合ABC公司对外贸易远期结汇为主的突出特点,理论联系实际,提出企业在对外贸易中应对外汇风险的管理措施。首先,以外汇风险管理理论为基础,阐述外汇风险概念、类型及外汇风险管理原则和方法,并明确提出当前人民币升值会给对外贸易企业带来直接收益影响。其次,通过对我国对外贸易环境和外汇风险的总体影响进行分析,量化外汇风险的影响程度。再次,针对ABC公司的具体运营模式和经营特点,分析ABC公司承受的外汇风险和在外汇风险管理上的不足。最后,本文指出建立外汇风险管理体系的必要性,并通过设立相关管理部门和明确部门职能来实现有效的外汇风险管理。本文从作者多年的对外贸易从业经验着手,针对ABC公司的实际经营模式和特点,引入大量的对外贸易实际操作案例；通过对业务数据和统计图表的实证分析,针对ABC公司外汇风险管理现状提出问题、分析问题；将理论与实际相结合,用实际业务操作数据反映客观问题,最终获得解决问题、规避外汇风险、促进企业健康、稳步发展的有效方法。
[Abstract]:With the acceleration of the process of global integration, the economic cooperation between China and other countries has gradually expanded, foreign trade exchanges are becoming more and more frequent, and the volume of import and export trade is rising year by year. After the financial crisis and the European debt crisis, the international economic environment is increasingly complex, the purchasing power of the international market shows a weak trend, especially the RMB continues to appreciate. These factors bring a very severe test to the enterprises engaged in foreign trade. Since July 21st 2005, China has implemented a managed floating exchange rate system based on market supply and demand, with reference to a package of currencies. The RMB has appreciated more than 30% against the US dollar. In 2011 alone, the RMB appreciation against the US dollar was as high as 5%. The reform of the RMB exchange rate regime has pushed the enterprises engaged in foreign trade business to the forefront of the storm. Exchange rate fluctuations and long-term unilateral appreciation have directly affected the actual earnings of foreign trade enterprises, foreign trade enterprises how to identify foreign exchange risk. Avoiding foreign exchange risk has become an important problem to be faced and solved in normal operation. Based on the study and management of foreign exchange risk, combined with the outstanding characteristics of ABC company's foreign trade forward settlement of foreign exchange, this paper puts forward the management measures to deal with foreign exchange risk in foreign trade. First of all, based on the theory of foreign exchange risk management, this paper expounds the concept, types and principles and methods of foreign exchange risk management. And clearly put forward that the current appreciation of the RMB will bring direct impact on foreign trade enterprises. Secondly, through the analysis of the overall impact of foreign trade environment and foreign exchange risk. Thirdly, according to the specific operation mode and operating characteristics of ABC company, the paper analyzes the foreign exchange risk and the shortage of foreign exchange risk management of ABC company. This paper points out the necessity of establishing foreign exchange risk management system and realizes effective foreign exchange risk management by setting up relevant management departments and clarifying the functions of departments. Based on the author's experience in foreign trade for many years, this paper introduces a large number of practical cases of foreign trade operation according to the actual operating mode and characteristics of ABC Company. Through the empirical analysis of business data and statistical charts, this paper puts forward problems and analyzes the current situation of foreign exchange risk management in ABC Company. This paper combines theory with practice, reflects the objective problem with practical operation data, finally obtains the effective method to solve the problem, avoid the foreign exchange risk, promote the healthy and steady development of the enterprise.
【学位授予单位】：山东大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F272.3;F832.6;F752

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