The concept of foreign exchange

As a means of payment in international exchange must have three: can pay, availability and can change. Generally speaking, foreign currency or refers to foreign currency debt for international settlement of all sorts of means of payment. The concept of foreign exchange with dual meanings, which are dynamic and static. Read the introduction of foreign exchange, the dynamic is a national refers to the currencies into a national currencies with external debts to the international relations between the creditor's rights and liabilities of a kind of special activities. It is international exchange (ForeignExchange). The foreign exchange, refers to the static concept of foreign currency can be used between international settlement of payment. This means that in foreign currency of credit includes tools and securities, such as: the bank deposit, commercial bank cheque, bank draft, KuQuan, foreign governments and the process of securities, etc. The international monetary fund: the explanation of "foreign exchange administration is poor currency (central bank monetary management institution, foreign exchange, leveling fund and Treasury) to bank deposits, Treasury bonds, the process of the form of government bonds in international payments and retain the creditor may be used in deficit. In January 1997 in accordance with the foreign exchange administration of modified awarded the regulations on foreign exchange, refers to the following: in the foreign currency can be used as the means of payment in international debts and assets: (a) foreign currency notes and coi, including, (2) instrument, including foreign currency voucher, bank deposit voucher, corporate bonds and stocks, etc. (3) foreign securities, including government bonds, corporate bonds and shares, (4) special anti-poverty currency withdrawals only, Europe, (5) other foreign currency assets. People often say exchange, are generally the static sense. The classification of foreign exchange Many foreign exchange, according to the classification of the free convertibility, whether can be divided into freedom and bookkeeping currency, According to its source and use, can be divided into foreign currency and trade non-tradable, According to the sale of the delivery period, can be divided into the spot foreign exchange and forward exchange. Foreign Banks in China, but also to distinguish foreign exchange remittance and often cash. Foreign currency notes and coi refers to foreign banknotes. Foreign currency notes into mainly by overseas. Foreign exchange refers to the entity in the currency of the country in the local bank deposit account free exchange. So-called free exchange, refers to the international financial markets can freely traded, widely used in international settlement in international, and can be admitted into other countries can freely convertible currency exchange. Foreign exchange remitted abroad, mainly by the outside or by mail, by the foreign currency notes, bank deposit collections, after receipt. The subject of foreign currency conversion, only for the issuance of the native country of bank savings account deposit money, namely, can actually after remittance of foreign international settlement. Foreign banknotes are not necessarily exchange. Foreign exchange, money is called the first to see it can freely convertible, or whether this money back to its state, backflow and can not restricted to deposit a commercial bank's any ordinary account.

"Foreign" stock, real estate is the third wave rich opportunity

In the wealth of the Chinese people is closely related with the exchange rate fluctuations RMB appreciation against the dollar and float to remind people 2% renminbi and foreign currency assets (on) the importance of the management in developed countries, most people know will own monetary assets allocation, central Banks must constantly selling on foreign exchange reserves to maintain and increase their value. To experience the currency fluctuations are mainly: import and export enterprise, real estate, energy, mineral industry, to travel abroad, study abroad, Chinese personal assets that not many people greatly shrink to realize. China's foreign exchange reserves of us $50 million in recent years at least $1,000 a loss, equivalent to 10% of GDP. In 2001, is 1 million yuan RMB to 15 million euros ($100 million by the end of 2004, the only nine million euros, even if you don't do any operation, nearly four years since, holding the relative to the person who holds the euro asset value almost 40%. Forex trading is god to give Chinese gifts. Foreign exchange market for 24 hours, but 20:00 - trading for the European market 24 points at the American market and the morning plate! This period of time is the biggest market fluctuations, also has the largest number of financing volume and participation. China's foreign traders have other zones can hold this time, can the biggest wave, work this time is free, just can be used to make foreign investment, not for work. Forex trading is god to give Chinese gifts. Broker $19 billion 1% change in master Because of the global financial centres in different geographic location, Asia, Europe and America market timing for market, forming a 24-hour continuous operation of foreign exchange market. Only on Saturday and Sunday, and foreign exchange market holiday closed. Like the stock exchange is not so because prices and value "shrink". Because the exchange rate is two currencies exchange rate, the exchange rate changes also is a kind of currency relative another currency values increase or decrease. In recent years, the investment of foreign exchange market, money more volatile currency exchange, with increasing global 1.9 trillion per day to rise, volume 1, or decline is daily $19 billion capital in the new master. Although exchange rate changes a lot, but due to any kind of currency will become a waste, even currency falling, it still represents a certain value, unless the government abolished this currency. Announced In December 2000, the United States through the act of modernization, the futures of the bill requires all traders must be in the futures association (NFA) and the commodity futures trading commission (CFTC) registered for futures commission business (FCM), and accept the supervision of the institutions within the time limit, the daily not qualified or not is approved by the foreign exchange will be ordered to stop business. This act of online forex trading on the normalized development

Novice q&a

Q2. Foreign exchange market where trading? A: not like the stock market, foreign exchange market the futures market. Both parties through telephone, Internet transactions, sometimes also refers to the inter-bank foreign exchange market. 75th percentile. Foreign exchange market investor is what person? A: the foreign exchange market by the central bank, the past the local Banks and investment Banks, which is also called as monopoly inter-bank foreign exchange market. But now, the other market rapidly increasing rate of investors, investors expanded to large multinational companies, corporate investors, avoid fund, futures and choose trade, more use margin trading system of individual investors. Q4 is prevented from starts, foreign exchange market trading? A: international foreign exchange market is Australia, Japan, Singapore, Hong Kong, Germany, Britain, the United States, from the main market of time, international foreign exchange market trading is A global operation of 24 hours. Q5. Foreign exchange market, money is the most common trade? A: is the dollar, euro dollars, pounds three currency against the dollar. So-called major currencies refers to the stability of the central bank, the evaluation of high and low inflation rate of national currencies. At present, the trading day and 85%, yen, euro dollar, pound etc countries and areas, high credibility on the currency. Q6. Foreign exchange trading requires a lot of money? A: does not need A lot of capital. Forex trading is can let customers, use a little money, to a large volume of trade. For example, customers can use 500 dollars, can operate a value of the base currency transactions 10,000. Foreign exchange transactions are basically two currency in the world between each other. The main function, is in international trade. Rate of change, not only affect national economic performance, also to their advantage in the international arena. Since margin (would) exchange of capital and the actual transaction needs are not identical. The funds required for the actual transaction amount is less than. So called margin trading. Forex trading is investors in the bank, or broker marketmakers to provide financing transactions. General financing scale in 10 to 100 times. For example, a broker provide 1 0 margin trading, investors need $100, $10,000, can undertake transactions. Fully embodies the small and leverage. Q7. What is the check, sell sheet? A: check to buy the monetary base currency, sell sheet is to sell base currency. Forex trading is two kinds of currency exchange, which one currency as the base currency for sale. According to the foreign exchange market is a combination of money before the convention for the base currency monetary and tips. For example, the base currency USD/YEN ($is USD), it is to buy dollars to pay. And sell sheet is selling dollars. Q8. What can explain how do is make empty and? A: it is A kind of currency, sold more than money is to buy, That means that whether in the city or the sell-off/you can profit. Like to do a stock, only when you buy the rise in profit, but will be in the fall

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