What is Forex? Classification of foreign exchange

What about the method? This is a problem that we need to understand, you may not be so knowledgeable about foreign exchange, but that's okay, the next small can start with the introduction of foreign exchange classification methods. First, what is foreign exchange? The basic classification of foreign exchange: 1, according to the degree of restriction on foreign exchange, can be divided into free exchange of foreign exchange, limited free exchange of foreign exchange and book-entry foreign exchange; 2, according to the source of foreign exchange and the use of different, can be divided into trade foreign exchange, non-trade foreign exchange and financial foreign exchange; 3, according to the foreign exchange rate of the market trend of the foreign exchange rate is different, the foreign exchange can be differentiated into hard foreign exchange and soft foreign exchange. Second, what is foreign exchange? Other classifications of foreign exchange: 1, retained foreign exchange, in order to encourage entrepreneurial initiative, after the enterprise will sell foreign exchange to the state, the state will be in accordance with the provisions of a certain percentage of foreign exchange will be returned to the foreign exchange unit as well as the location of the use of foreign exchange; 2, transfer foreign exchange, foreign exchange transfer through the Foreign Exchange Transfer Center for each other to transfer the use of foreign exchange; 3, the free foreign exchange, foreign exchange, foreign exchange approved by the State to retain the accumulation of foreign exchange by the enterprise itself; 4, operating foreign exchange, foreign exchange, foreign exchange, foreign exchange, foreign exchange, foreign exchange, foreign exchange, foreign exchange and foreign exchange. Approved by the foreign exchange bureau of foreign exchange can be used to income against the expenditure of foreign exchange; 5, the turnover of foreign exchange quota and a use of foreign exchange quota, a use of foreign exchange quota refers to the specified period of time is not used up, the expiry of the foreign exchange amount must be surrendered, and the turnover of foreign exchange quota in the use of a time after the use of foreign exchange can be continued. What is foreign exchange? Before we understand this question, to start from the understanding of its classification, only then can we purposefully and selectively to understand what is foreign exchange.