Article thumbnail

Suggestions for foreign trade enterprises to reduce cost after implementation of RMB cross-border trade settlement

By Jie Min and Jing Zhang


After RMB cross-border trade settlement was implemented, the ability of foreign trade enterprises to evade foreign exchange risk has enhanced to a great extent. In the meantime, with exchange rate fluctuations, foreign trade enterprises have become more sensitive with exchange rate variation. Based on predecessors’achievement, this thesis reasonably proposed a cost model applicable to foreign trade enterprises, in which the variables are all related to exchange rate. Therefore, by making exchange rate estimation, this thesis conducted data analysis and modeling, so as to find a way for foreign trade enterprises to predict exchange rate in a reasonable way. The thesis reached the conclusion that foreign trade enterprises can better control their cost based on RMB cross-border settlement

Topics: foreign trade enterprises, RMB cross-border settlement, exchange rate, Education, L, Education (General), L7-991
Publisher: Asian Academic Press Co., Limited
Year: 2017
DOI identifier: 10.24104/rmhe/2017.02.01007
OAI identifier:
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • (external link)
  • (external link)
  • (external link)
  • Suggested articles

    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.