Traditional Culture Encyclopedia - Traditional stories - What are the trading currencies and trading varieties in China's foreign exchange market?
What are the trading currencies and trading varieties in China's foreign exchange market?
China's foreign exchange market trading currency and trading varieties are mainly:
The interbank foreign exchange market mainly includes spot, forwards, foreign exchange swaps and currency swaps four types of RMB foreign exchange products,*** there is the RMB against the dollar, the euro, the yen, the Hong Kong dollar and the pound sterling 5 local and foreign currency trading currency pairs.
In addition, the interbank foreign exchange market also includes EUR/USD, AUD/USD, GBP/USD, USD/JPY, USD/CAD, USD/CHF, USD/HKD and EUR/JPY 8 foreign currency to foreign currency spot transactions.
Trading varieties of the exchange market:
1. Renminbi foreign exchange spot trading (FXSpot)
2. Renminbi foreign exchange forward trading (FXForward)
3. Renminbi foreign exchange swaps (FXSwap)
4. Renminbi foreign exchange currency swap trading (CurrencySwap )
5. Foreign currency to foreign currency trading (tradingofforeigncurrenciesagainstforeigncurrencies).
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