(a) Ensuring macroeconomic principles

When dealing with the microeconomic interests of enterprises and departments and the macro interests of the whole country, enterprises usually try to reduce or avoid foreign exchange risk losses and pass them on to banks, insurance companies and even national finance. In practical business, we should combine the interests of the two as much as possible to prevent risk loss.

(2) the precautionary principle of classification

For different types of exchange rate risk losses with different transmission mechanisms, different applicable methods should be adopted to prevent them, which can be effective, but we should avoid copying them mechanically. For the risk of transaction settlement, the choice of pricing and settlement currency should be the main preventive means, supplemented by other means; For the exchange rate risk of bond investment, we should adopt various preventive methods. For the risk of foreign exchange reserves, priority should be given to diversification of reserve structure and timely replenishment of foreign exchange.

(3) the precautionary principle

From its practical application, this principle includes three aspects:

(1) makes the risk disappear;

(2) transfer risks;

(3) Avoid losses and gain benefits from risks.

Especially the last one, is the ideal goal that people pursue.