Now days the global economy is facing profound changes. International trade tensions and exchange rate fluctuations are intensifying. Productions and business operations of enterprises, especially management of foreign currency funds, are facing severe challenges. The Agricultural Bank of China will hold this session to help members of AmCham Shanghai better manage trends in the RMB exchange rate, seize business opportunities, and maintain a stable financial status.

The session will analyze the global economy in 2019, comprehensively study the development of major economies such as Europe, the U.S., China and Japan, and the evaluate the direction of macro policy. The session will also talk about fundamentals for RMB, the influence of current account and capital account transactions on the exchange rate, and forecast RMB exchange rate trends considering China-U.S. trade negotiations, interaction between onshore RMB and offshore RMB, instability of the U.S. Dollar Index, etc. In addition, the session will introduce financial products from the Agricultural Bank of China to help manage exchange rate risk and strategies for using financial derivatives.

当前世界经济形势出现深刻变化，国际经贸摩擦和汇率波动加剧，企业生产经营特别是外汇资金管理面临严峻挑战。为帮助会员企业更好地把握2019年人民币汇率走势，在汇率的波动中主动把握商机，保持稳健的财务状况，本次商会联合中国农业银行（以下简称"农行"），举办《新形势下人民币汇率回顾与展望》讲座。

分析2019年世界经济形势，研判欧美中日等主要经济体增长态势和宏观政策导向。人民币基本面及资本项目、经常项目等对汇率的影响，并结合中美贸易谈判、离岸在岸市场互动、美元指数的不稳定性等因素，展望人民币汇率走势。介绍农业银行在新形势下的汇率风险管理工具和外汇衍生品运用策略