To avoid the impact of exchange rate fluctuations on the cost of purchasing goods, you can only use futures trading. Financial futures refer to a standardized agreement in which both parties agree to buy or sell a certain standard amount of a specific financial instrument at a certain time in the future according to agreed conditions. The purpose of financial futures trading: preservation of value, speculation, and obtaining price differences. For example: An investor predicts that the price of stock A will rise from the current price of 10 yuan per share to 15 yuan, so he buys 1,000 shares of the stock in the form of futures at a price of 10 yuan per share. The delivery date is September 10. ; By August 20, the stock price had indeed risen to 14 yuan per share, and 1,000 shares were sold, making a profit of 4,000 = (14-10) * 1,000. But if the stock price falls after you buy it, you will lose money. Futures trading can bring the benefit of rising stock prices.

Futures trading is also available in the foreign exchange market. Forward foreign exchange transactions, also known as futures exchange transactions, refer to transactions in which both parties agree to buy or sell a certain amount of currency in a predetermined manner at a certain time in the future at a pre-agreed price. The characteristics of financial forward contracts include non-standardization, no fixed trading place, and the purpose of trading is mostly for risk hedging.

For example, you predict that the exchange rate of RMB will rise from 8 yuan/USD to 6 yuan/USD. You have agreed with the seller in advance to buy 1,000 US dollars of RMB at a price of 6.5 yuan/USD. Sure enough, the RMB will appreciate to 6.5 yuan by then. /USD, then you are equivalent to saving (8-6.5)*1000=1500 yuan. Doesn’t this avoid the risk of exchange rate rise?