Abstract
From July 21st, 2005, based on market supply and demand and referred to a basket of currency, china began to carry on floating exchange rate system with regulating and controlling. The reform of exchange rate put forward high requirements for china commercial banks in the aspects of exchange rate risk management. From analyzing present realities to coming up with problem, and how to access and to adapt which management technical method have been focus to us. Therefore ,the research will play an important role in managing exchange rate .As far as the exchange rate risk is concerned,it is a systematic project, which demands the commercial banks to accommodate the process of exchange rate marketing. We can establish the scientific、advanced、suitable exchange rate risk management mechanism which should correspond with the socialistic economy