Cn-down > Domestic news > News content
2021-04-08 来源:国际商报 浏览量:2210
Less than 10 days before the opening of the 129th Canton Fair, export companies are making final preparations for product quotations. On April 7, the central parity of the RMB exchange rate against the US dollar was reported at 6.5384, an increase of 143 basis points from the previous trading day. Faced with exchange rate fluctuations, export companies are also taking a variety of measures to respond.
Shi Minxue, deputy general manager of the export department of Ningbo Ruyi Co., Ltd., told reporters that the current increase in export orders, but the soaring seaborne prices are at a high level, and the prices of raw materials are also rising.In this context, the continuous substantial appreciation of the renminbi has further increased the overall cost of enterprises and increased the pressure on the survival of real enterprises.
In response to the new trend, export companies are also taking various measures. Feng Tao, marketing director of Guangzhou Mona Lisa Holding Group Co., Ltd., told reporters that on the one hand, companies use hedging and other tools to minimize exchange rate risks, and on the other hand, by increasing global imports, they hedge the losses caused by the appreciation of the renminbi.
At the same time, some companies are gradually promoting the settlement of goods in RMB.In recent years, many export companies have found that more and more customers are willing to use RMB for settlement when taking orders and negotiating settlement terms, and some customers even take the initiative to settle in RMB.
The national level is also creating an environment conducive to RMB settlement.The Central Bank of China has signed currency swap agreements with banks in about 40 countries around the world, and financial products such as offshore RMB bonds have gradually increased, providing strong support for RMB settlement in trade.
Wen Bin, chief researcher of Minsheng Bank, believes that export companies should not only accelerate the improvement of export competitiveness, but also improve the ability to use financial tools to resolve and prevent financial risks in response to the pressure of RMB appreciation.At the same time, it is necessary to actively promote the use of RMB to settle payments in a timely manner.