I. What is cashbackforexpip forex cashback easy 100%cashbackforex?　　Foreign exchange cashbackforex exposure refers to the foreign exchange assets (or liabilities) due to changes in exchange cashback forexs forexcashbackeasy may appear appreciation and impairment of this appreciation and impairment may be natural offset or may be some measures to artificially offset which can not be naturally offset nor artificially offset foreign exchange assets (or liabilities) are exposed to the risk of changes in exchange rates form the exchange rate risk exposure  Second, the determination of foreign exchange risk exposure  Foreign exchange The net amount of risk exposure depends on the nature of the enterprises foreign exchange assets (or liabilities) and the scope and manner in which they are affected when the exchange rate changes Enterprises should consider the natural offset of foreign currency assets and liabilities after taking into account various foreign exchange risk factors to determine the risk of foreign exchange exposure  Third, foreign exchange exposure measurement  To manage the risk of foreign exchange exposure, the first thing to do is to measure the exposure Foreign exchange assets (or liabilities) due to changes in the exchange rate and may appear appreciation and impairment, this appreciation and impairment may be natural offset or artificially offset by some measures, which can not be naturally offset and not artificially offset foreign exchange assets (or liabilities) are exposed to the risk of exchange rate changes, the formation of exchange rate risk exposure foreign exchange net exposure depends on the nature of the financial companys assets (or liabilities) and exchange rate changes The scope and manner in which it is affected when the foreign exchange rate changes  For the measurement of total net foreign exchange exposure, three measures are usually used: net aggregated exposure, total aggregated exposure, and aggregated short exposure The net aggregated exposure is the absolute value of various long positions and short positions after offsetting each other When the currency movements in the foreign exchange exposure portfolio are highly correlated, the exchange rate risk between the long position foreign currency exposure and the short position foreign currency exposure can offset each other In this combination, it is appropriate to use the net exposure measurement method to measure exchange rate risk When the currency movements in the foreign exchange exposure portfolio are completely uncorrelated, the risks between long foreign currency positions and short foreign currency positions cannot offset each other, and the total aggregated exposure of long and short positions should be used to measure exchange rate risk  The exposure of a finance company is based on the finance companys own business and preferences And can be divided into two parts: one is the self-reserved exposure, self-reserved exposure refers to the finance company according to business needs and their own preferences willing to bear the exchange rate risk of the exposure part, this part of the exposure does not need to be hedged; a hedge exposure, the finance company is not willing to bear the exchange rate risk, the need to hedge the exposure part through risk hedging means generally speaking, the exchange rate risk management is mainly for the hedge exposure part & nbsp nbsp; The exchange rate risk of foreign exchange assets can be hedged by hedging, eliminating the risk exposure to avoid, but also on the basis of the forecast exchange rate fluctuations on the risk of measurement, actively maintain the risk exposure to achieve risk profitability for example: in the case of comparison of the forecast exchange rate and forward exchange rate to buy and sell forward foreign exchange, and the maturity structure of the foreign exchange asset portfolio to adjust; according to the forecast of the exchange rate of different currencies to Adjust the structure of foreign currency assets some foreign commercial banks foreign exchange asset portfolio model on the 50-50 system (i.e. 50% of the positions are preserved and 50% of the positions are in the open state) and three-three system, etc. Whether or not to eliminate the risk exposure, the foreign exchange rate fluctuations forecast and the corresponding risk measurement is the basis of foreign exchange risk management  Fourth, foreign exchange risk exposure measurement  There are many methods of risk measurement The traditional risk measurement method due to the relatively simple and rough has been difficult to adapt to the modern rapidly changing financial markets VaR model, as a new risk management model, can effectively measure financial market risk, and in general change the way companies deal with the management of their risks, today, the daily monitoring and management of foreign exchange rate risk technology is the primary IMF highly recommended VaR management technology VaR full name is ValueatRisk, its most important feature is the ability to quantify risk, it was originally used to measure the market risk of a portfolio, that is, the maximum loss of portfolio assets due to fluctuations in exchange rates, interest rates, commodities or stock prices during a given holding period, at a given confidence level