note:
1. Foreign exchange is the creditor's rights held by monetary management organs (central bank, monetary management institutions, foreign exchange stabilization fund, Ministry of Finance) in the form of bank deposits, treasury bonds, long-term and short-term government securities, etc. Can be used when the balance of payments is in deficit.
Including foreign currency, foreign currency deposits, foreign currency securities (treasury bonds, treasury bonds, corporate bonds, stocks, etc.). ) and foreign currency payment vouchers (bills, bank deposit vouchers, postal savings vouchers, etc.). ).
2. The foreign exchange currency pair includes the following currencies:
1, USD: the monetary unit of the United States. More than 80% of international trade and foreign exchange transactions use the US dollar as the pricing currency. The dollar is the most active currency and plays an absolutely important role in international trade and finance.
2. Euro: the unified currency of the European Monetary Union. This alliance has more than a dozen member countries and a population of more than 300 million. Its supply capacity abroad is higher than that of the United States, so the euro is as strong as the dollar.
3. Pound: It is the monetary unit in Britain. 1944 After the Bretton Woods Conference, the US dollar replaced the British pound as the world's financial hegemon, and now the British pound has become the third largest reserve currency in the world.
4. Japanese yen (JPY): It is the monetary unit of Japan. In economic and trade relations, Japan's trade surplus mainly comes from the United States, while American foreign trade mainly comes from Japan. The yen is still the most important currency in Asia.
5. Hong Kong dollar (HKD): Hong Kong dollar is the monetary unit of the China Special Administrative Region. The Hong Kong dollar is based on the US dollar and maintains a fixed exchange rate. It is famous for its linked exchange rate system.
6. Swiss franc: It is the legal tender of the Swiss Confederation. Switzerland is a neutral country, and its domestic political and economic situation is stable. Swiss banks are the most confidential banks in the world, so the Swiss franc is often the rival currency of the US dollar.