forward exchange contract

简明释义

外汇期货合同

英英释义

例句

1.The finance team advised the client to enter into a forward exchange contract to mitigate exchange rate risks.

财务团队建议客户签订远期外汇合约以降低汇率风险。

2.By using a forward exchange contract, the business can protect itself from unfavorable currency fluctuations.

通过使用远期外汇合约，企业可以保护自己免受不利的货币波动影响。

3.A company signed a forward exchange contract to lock in the current exchange rate for their future overseas transactions.

一家公司签订了一个远期外汇合约，以锁定未来海外交易的当前汇率。

4.An international supplier requires payment in euros, so the buyer arranged a forward exchange contract to secure the rate.

一家国际供应商要求以欧元付款，因此买方安排了一个远期外汇合约来确保汇率。

5.The forward exchange contract allows the company to plan its budget more accurately by knowing future costs in advance.

该远期外汇合约使公司能够更准确地规划预算，因为提前知道未来的成本。

作文

In today's global economy, businesses often engage in international trade, which involves the exchange of currencies. One of the essential tools used by companies to manage currency risk is the forward exchange contract. A forward exchange contract is a financial agreement between two parties to exchange a specified amount of one currency for another at a predetermined rate on a future date. This type of contract helps businesses lock in exchange rates and protect themselves from fluctuations in currency values that could impact their profitability.For instance, consider a U.S.-based company that imports goods from Europe. If the company knows it will need to pay a supplier in euros in three months, it faces the risk that the euro might appreciate against the dollar during that time. To mitigate this risk, the company can enter into a forward exchange contract with a bank. By doing so, the company agrees to purchase euros at a fixed rate, ensuring that it will not be adversely affected by any unfavorable movements in the exchange rate.The benefits of using a forward exchange contract are significant. First, it provides certainty and predictability in budgeting and financial planning. Companies can forecast their expenses more accurately when they know the exact amount they will pay for foreign currencies. This predictability is crucial for maintaining cash flow and making informed business decisions.Moreover, a forward exchange contract can enhance a company's competitive advantage. By managing currency risks effectively, businesses can offer more stable pricing to their customers, which can lead to increased sales and customer loyalty. Furthermore, it allows companies to focus on their core operations without worrying about volatile currency markets.However, it is essential to understand that while forward exchange contracts offer protection against adverse currency movements, they do not provide opportunities to benefit from favorable changes in exchange rates. If the currency moves in a favorable direction after entering into a forward exchange contract, the company will still be obligated to transact at the agreed-upon rate. This aspect highlights the importance of careful analysis and timing when entering into such contracts.In conclusion, a forward exchange contract is a valuable financial instrument for businesses engaged in international trade. It allows them to manage currency risk effectively, providing certainty in budgeting and enhancing competitive positioning. However, companies should weigh the pros and cons and consider their specific circumstances before entering into these contracts. With proper understanding and strategic use of forward exchange contracts, businesses can navigate the complexities of global finance and ensure their long-term success.

在今天的全球经济中，企业经常参与国际贸易，这涉及货币的交换。公司用来管理货币风险的重要工具之一是远期外汇合约。远期外汇合约是两个当事方之间的一项金融协议，约定在未来某一日期以预定汇率交换一定数量的一种货币为另一种货币。这种类型的合同帮助企业锁定汇率，保护自己免受可能影响其盈利能力的货币价值波动。例如，考虑一家总部位于美国的公司，该公司从欧洲进口商品。如果该公司知道它将在三个月内需要向供应商支付欧元，它面临着欧元可能在此期间相对于美元升值的风险。为了减轻这种风险，该公司可以与银行签订远期外汇合约。通过这样做，该公司同意以固定汇率购买欧元，确保其不会受到汇率不利变动的影响。使用远期外汇合约的好处是显著的。首先，它为预算和财务规划提供了确定性和可预测性。当企业知道将为外币支付的确切金额时，可以更准确地预测费用。这种可预测性对维护现金流和做出明智的商业决策至关重要。此外，远期外汇合约可以增强公司的竞争优势。通过有效管理货币风险，企业可以向客户提供更稳定的定价，这可能导致销售额和客户忠诚度的增加。此外，它使公司能够专注于核心业务，而无需担心波动的货币市场。然而，必须理解的是，虽然远期外汇合约提供了对不利货币变动的保护，但它们并不提供从有利汇率变化中获益的机会。如果在签订远期外汇合约后，货币朝着有利的方向变动，公司仍然有义务按约定汇率进行交易。这一点突显了在签订此类合同之前仔细分析和时机选择的重要性。总之，远期外汇合约是参与国际贸易的企业的一种宝贵金融工具。它使他们能够有效管理货币风险，为预算提供确定性，并增强竞争地位。然而，公司在签订这些合同之前应权衡利弊，并考虑其具体情况。通过对远期外汇合约的正确理解和战略使用，企业可以驾驭全球金融的复杂性，确保其长期成功。