Advanced Currency Management (Risk, Strategy & Asset Management) Training Course

The key objective of this Masterclass in Currency Management training course is to empower professionals to—
• understand and learn about all critical areas and aspects of currency management
• apply the skills and knowledge gained through the training course in various areas of interest in one’s organisation
• devise and implement competitive and strong strategies to combat any impact of exchange rates on the performance of one’s organisation
• predict and prevent future instances or hindrances in exchange rates from interfering with the operation of one’s organisation
• train other professionals on best practices and other important concepts related to currency management
• review and amend current organisational systems and processes to match industry standards and to be able to compete at the global level
• multitask among multiple roles to be able to help one’s organisation meet performance standards and grow within the industry, thus demonstrating one’s potential and talent, inviting additional opportunities for career development
• thoroughly understand currency management to be able to undertake and successfully fulfil any role or responsibility offered to one across any organisation, thereby increasing avenues for one’s growth and progress
Course Content
Currency Management Strategies
• Clear forex strategy
• Billing/invoicing choices
• Different payment methods
• Complete regulatory requirements
• Efficient cash flow management
• Centralised multi-forex treasury management
• Automated payments solution
Currency Management Planning and Forecasting
• Understanding currency lifecycle
• Distribution of currency within the country
• Currency Design and Printing
• Strategies to protect the currency & Cash handling guidelines
• Data analytics and forecasting
Factors Affecting Foreign Exchange Rates
• Inflation rates
• Interest rates
• Country’s current account/balance of payments
• Government debt
• Terms of trade
• Political stability and performance
• Recession
Types of Exchange Risks
• Transaction risk
• Translation or consolidation risk
• Economic risk
Techniques for Foreign Exchange Risk Management
• Risk sharing
• Diversification
• Natural hedging
• Payments netting
• Leading and lagging
• Cross hedging
• Overseas loan
• Money market hedge
• Borrowing policy
Currency Risk Management Tools
• Limit orders
• Stop-loss orders
• OCO (‘One Cancels the Other’) orders
• Forward contracts
• Futures currency hedging
Derivative Instruments for Forex Risk Management
• Forwards
• Futures
• Options
• Swaps
Types of Hedging
• Forward exchange contract – currencies
• Currency future contracts
• Money market operations – currencies
• Forward exchange contract – interest
• Money market operations – interest
• Future contracts for interest
• Covered calls on equities
• Short straddles on equities/indices
• Bets on elections/sporting events
Types of Hedging Strategies
• Back-to-back hedging
• Tracker hedging
• Delta hedging
Categories of Hedge-able Risks
• Commodity risk
• Credit risk
• Currency risk
• Interest rate risk
• Equity risk
• Volatility risk
• Volume risk
Advantages of Hedging
• Limits losses to a great extent
• Increases liquidity
• Offers a flexible price mechanism

METHODOLOGY
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.

DATE:
1ST BATCH: 11th – 14th  Feb,2025
2ND BATCH: 9th – 11th June,2025
3RD BATCH: 28th – 31st Oct,2025