Zhejiang Pingyang's first individual industry and commercial household exchange rate hedging business successfully landed

On August 10, under the guidance and promotion of the Pingyang County Branch Bureau of the State Administration of Foreign Exchange, the ICBC Pingyang Sub -branch successfully handled the first individual industrial and commercial exchange rate shelter business in Pingyang County. In the US dollar, the business not only enjoys the price concession of the long -term settlement of the ICBC Pingyang Sub -branch, but also saves the cost of deposit funds occupation for individual industrial and commercial households, which is sincerely affirmed by individual industrial and commercial households.

Since the beginning of this year, the Pingyang County Branch Bureau of the State Administration of Foreign Exchange has actively implemented the work deployment of "six stability" and "six guarantees". In accordance with provincial, municipal, and county individual industrial and commercial households to help financial policies, actively plan and effectively deploy them. The "big measures" helped the individual industrial and commercial households' strong confidence, stable development, and overwhelming difficulties. First, the multi -form exchange rate risk aversion publicity helps the market subject to establish the concept of "risk neutrality". Households' exchange rate awareness and capabilities; understanding the card through the premium risk aversion policy of individual industrial and commercial households by the county government, and broadening the publicity of the exchange rate risk aversion policy. Second, the "foreign exchange liaison officer" deeply touches the needs of the exchange rate shelter of individual industrial and commercial households. Pingyang County Branch gives full play to the advantages of the "foreign exchange liaison" mechanism. Insurance demand, guide banks to take the initiative to respond to the demands of the exchange rate of individual industrial and commercial households in a timely manner. The third is to vigorously support banks to explore and carry out the risk aversion business of individual industrial and commercial households. Pingyang County Branch Bureau has conducted in -depth investigations of financial institutions in the jurisdiction through discussions and visits. A variety of exchange rates, including the risk aversion policy of financing guarantee, guided financial institutions to actively strive to strike policies from superiors, solve difficult and difficult blockage, and further improve the quality and effective efficiency of the exchange rate of individual industrial and commercial households in financial services.

In the next step, the Pingyang County Branch Bureau of the State Administration of Foreign Exchange will combine the government financing guarantee exchange rate avoidance policy to explore more forms of individual industrial and commercial household exchange rate shelter channels in the jurisdiction, vigorously promote bank institutions innovation exchange rate shelter products, actively reduce fees, Lyba, with higher -quality foreign exchange services to meet the diversified exchange rate avoidance needs of market entities such as individual industrial and commercial households, and deeply implement the service concept of "finance for the people".

Correspondent Cao Dongxia

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