The company will send overseas commissioners to open accounts for investors and then conduct online transactions. Starting today, investors can see the quotations of RMB futures contracts on the futures trading software.
The introduction of RMB futures means that the market will usher in a sharp weapon to hedge exchange rate fluctuations. For foreign trade enterprises, RMB futures are of great significance. Due to the lack of exchange rate risk hedging tools, enterprises often face the risk of large exchange rate fluctuations in international trade.
After the introduction of RMB futures, it will help foreign trade enterprises to lock in the exchange cost of RMB and international currency USD in advance, and greatly improve the anti-risk ability of foreign trade enterprises.
Baidu encyclopedia-RMB futures