Since the exchange rate reform on August 11,2015,the RMB has become increasingly volatile.For foreign trade businesses,the exchange gains and losses brought by currency volatility directly affect corporate profitability and can even turn profits into losses.In recent years,lots of companies have suffered from a great loss caused by exchange losses.In the context of market-oriented exchange rate reform,foreign trade companies’exchange rate risk and countermeasures have become increasingly critical.
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