Bonds held by the monetary authority in the form of bank deposits, long-term and short-term government bonds, etc. that can be used when the balance of payments is in deficit.

foreign currency banknotes

Foreign currency payment voucher/payment instrument

Foreign currency securities

special drawing rights

Other foreign exchange assets

bank draft

Cheque

Bank savings

The buyer and seller agree on a foreign exchange transaction method for delivery within two business days after the transaction is completed.

The delivery day is two business days (the place of receipt and payment must both be business days, and the latter is the minimum requirement). If it is not met, it will be postponed.

Exchange rates are quoted by Reuters and AP

Spot foreign exchange transactions are foreign exchange transactions in which delivery is not carried out at the time after the foreign exchange purchase and sale is completed, but is settled on the agreed date and at the agreed exchange rate in accordance with the contract.

The delivery period is generally 1236 months, calculated based on the delivery date (2 days). Delivery term

Foreign exchange expenditures or receipts due to trade transactions

remittances

Travel foreign exchange

Labor foreign exchange

Free exchange for foreign exchange under certain conditions

Regional Convertible Foreign Exchange

Key currencies in the region

The claims and debts caused by the import and export trade between the two countries do not need to be settled one by one in cash, but the foreign exchange used by the central banks of the two countries to offset each other.

Foreign exchange held by governments

The main part of a country’s international reserves

That is, there is no distinction between trade or non-trade, and only one exchange rate is used for buying and selling.

Provide different exchange rates for different purposes

The foreign exchange rate agreed upon by the buyer and the seller for delivery within two business days after the transaction is completed

In spot foreign exchange transactions, after the foreign exchange transaction is completed, there is no delivery at that time, and the exchange rate will be determined on the agreed date according to the contract.

exchange rate

That is (buying rate, selling rate)/2

nominal currency exchange ratio

Commodity price ratio between the two countries

A monetary system with gold as the standard currency (weights and measures)

The gold measure of balance between foreign currency and domestic currency

The ratio of the gold content of the monetary units of two countries that implement the gold standard

golden output point

golden entry point

The point when the cost of exchange transactions is higher than the cost of gold exchange transactions (Exit the big one and enter the small one)

import and export trade

non-trade balance

international capital flows

foreign exchange reserves

Domestic prices

employment

Resource allocation

interest rate

tangible market

invisible market

spot foreign exchange market

forward foreign exchange market

invisible

Forex futures market

Forex options market

tangible

exchange bank

Forex clients

forex broker

Central banks and other official agencies

level of transaction

foreign currency

Banks and customers

interbank

RMB foreign exchange member

Foreign currency pair members

Agency that provides quotes

Try market making institutions on the spot

Long-term attempts to make market-making institutions

Swaps attempt market making agency

Institutions that provide buying and selling transactions

RMB foreign exchange market maker

Foreign Currency Pair Market Maker