Foreign Exchange

Topics covered

• Financial market transactions and instruments, including foreign exchange spot transactions (near term settlement) and forwards (forward date settlement)
• Key drivers of foreign exchange rates
• Foreign exchange rate volatility
• Managing foreign exchange exposures
• Quoting foreign exchange rates (bid/offer)
• Risk appetite considerations when hedging
• FX in procurement
• Foreign exchange from a whole of state perspective

Who should attend?

This course is designed for professionals and managers responsible for managing financial risk including procurement. The course is aimed at participants new to those roles or those who wish to refresh and extend their knowledge of FX markets and the impact on the public sector’s everyday business.

The QTC Education Program is only available to Queensland Public Sector Employees (this includes employees of the Queensland Government, Queensland government departments, local governments, statutory corporations, and other entities to the extent they have an association or are related to the State of Queensland) and QTC employees. By registering for a workshop or webinar, you acknowledge that you are a Queensland Public Sector Employee. QTC/UQ reserves the right to unenroll any person that is not a Queensland Public Sector Employee or QTC employee from any workshop or webinar in the Education Program. If you are unenrolled from a workshop or webinar you will be entitled to receive a full refund of any workshop fees paid.

Outcomes

• Understand different foreign exchange market transactions and instruments.
• Effectively manage foreign exchange exposures
• Hedge FX risk when procuring goods secured from overseas
• Understand FX risk in a whole-of-state context

Practical exercises

Participants will have an opportunity to participate in multiple simulated scenarios which help identify potential opportunities for savings from FX in procurement. Participants will also complete short quizzes designed to test understanding of practices that lower overall costs for overseas payments.

Delivery structure

This course is delivered in a format that provides multiple touchpoints and reflective activities to apply the learnings in your work context.

Day 1: Full-day in-person at the UQ Brisbane City campus (9:00am-5:00pm – timings are subject to change)

Digital badge

Participants will receive a digital badge upon successful completion of all the sessions and activities in the course. Please refer to FAQs for more information on how our digital badges can benefit you.

Further information

Please contact Dino Mehinagic (Specialist, Treasury Management Advisory, Queensland Treasury Corporation) if you have any questions.

Phone: 07 3842 4936

Email: dmehinagic@qtc.com.au