81.   The CRP facility allows unhedged dollar borrowers to open forward contracts for their future dollar obligations.The central bank will take the foreign exchange risk.

82.   The depreciation of the ringgit has also affected the cost of production despite forward contracts.

83.   The central bank is believed to have bought forward contracts to defend the Thai baht from speculative attacks in June.

84.   The House version also requires oil refiners and importers to enter into forward contracts at their own expense to ensure prices will remain stable.

85.   The main aim of the futures market is to systematically promote the agricultural sector by guaranteeing prices through forward contracts.

86.   The peso came under renewed pressure this week after multinationals bought forward contracts prompting banks to bid up the dollar.

87.   The outcome of the legal battles is uncertain because many courts consider forward contracts a form of gambling.

88.   The Philippine Monetary Board said it would allow exporters to open non-deliverable forward contracts as long as they sold a corresponding amount of dollars in the spot market.

89.   The same potential loss scenario may be the case with the proposed non-deliverable forward contracts.

90.   There were suspicions that the BOT must have pumped baht into the system to buy dollars and also to buy the forward contracts.