And forward exchange contracts can be made for any value date, but rarely extend more than a few years.

远期外汇合同的交割日期可以任意定，但很少有延至几年的。

youdao

I thought it would be wise to take out forward exchange cover to protect our position on the outstanding contracts.

我觉得利用远期外汇补进来保护我们尚未结清的合同中的利益是明智之举。

youdao

If exchange rates today were the same as those in forward contracts, there would be an opportunity for riskless profit.

如果今天的汇率水平和远期合同中的汇率水平是一样的，那么就有机会得到无风险的收益。

youdao

But that will be counterbalanced by a new squeeze on liquidity: a 90-day freeze on forward foreign exchange contracts, which will leave companies scrambling for hard currency to pay their overseas suppliers.

ECONOMIST: A detour or a derailment?