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What is financial exchange

by admin

Finance, also known as “non-trade foreign exchange“, is symmetric with “trade foreign exchange”, foreign exchange outside the scope of foreign trade and its dependent expenses.

Including overseas Chinese remittances, tourism foreign exchange, personal foreign exchange, labor foreign exchange, overseas offices funds, etc.

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The foreign exchange revenue and expenditure of the departments of transportation, civil aviation, post and telecommunications, railway, banking, insurance and port are also included in the scope of non-trade foreign exchange revenue and expenditure.

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Different from trade foreign exchange and non-trade foreign exchange, financial foreign exchange belongs to a kind of financial asset foreign exchange, such as the foreign exchange traded between banks, which is neither derived from tangible trade or intangible trade, nor used for tangible trade, but for the management and manipulation of various positions.

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The transfer of capital between countries also takes the form of money. Either indirect investment or direct investment forms financial assets flowing between countries. In particular, the large amount of international floating capital, the frequent transactions and the profound influence cannot but arouse the special attention of relevant parties.

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