VaR方法在外汇风险管理中的应用

外汇风险是一个开放型经济所必然要面对的问题,各国央行都把保持币值稳定作为其重要任务,涉外企业因外汇风险处置不当而蒙受巨大损失的事例屡见不鲜。无论是从宏观上还是从微观上,外汇风险都极大地影响着一国的经济状况。VaR方法是近年来国际上流行的一种新的风险防范技术,本文将介绍外汇风险产生的根源以及探讨利用VaR技术予以防范的办法。

The Application of a VAR Approach in Foreign Exchange Risk Management

For the foreign exchange risk is a problem an open economy always confronts, the central banks of all of the countries consider maintaining stable the value of currency as an important task and many corporations involving foreign businesses often suffer great losses because of improper treatment of foreign exchange risk. Whether from the macro or the micro angle, the foreign exchange risk has a great effect on the general situation of a country. VaR approach is a new and popular method to keep away the risk. This paper analyzes the inside reasons for foreign exchange risks and explores to use VaR approaches to keep away the foreign exchange risk.