The sudden swings in the value of the Rupee has created problems for many Indian Companies.

People are perplexed as to what they should do to manage their foreign exchange risks.

This Seminar is designed to teach Managers how to control Forex exposures and make profits instead of losses.

This Seminar will train Managers to :

• Understand how Foreign Exchange works
• Recognize when they are exposed to Forex Risk
• Manage Forex risk without Loss
• Make money from Forex

The workshop will be beneficial to managers in senior and middle management levels who have low to medium previous knowledge of foreign exchange.

• Basics of foreign exchange : forex markets, spot and forward rates
• Understanding the impact of forex on business decisions and company
• Detailed knowledge of the tools available for controlling forex exposures
• Means of minimizing losses while maximizing profits
• Introduction to derivatives in forex and money markets

• Understanding the basics of foreign exchange
• Ability to identify and analyze forex exposures
• Step by step guide to managing forex exposures
• Appreciation of modern mechanisms for enhancing profits through forex management

• Forex markets, the structure of rates, cross-currency rates
• Understanding forward rates, premium and discount, classroom exercise
• The 3 fundamentals : position, balance and exposure
• The options for fixing rates : now, never and Stop-Loss
• Limiting maxium losses but not maximum profits
• Case study in forex exposure and how to use Options to manage it

Introduction and Warm up

1. Basics of Foreign Exchange
   • Forex concepts, forex markets, spot rates and cross-currency rates
   • Forward rates : how they are derived, classroom exercise
2. Key manageables for the forex Manager
   • Position, balance and exposure
   • Introduction to basic tools for managing forex exposure
3. Active forex management
   • Stop Loss methodology, advantages and pitfalls
4. Case Study - Bidding for a tender with a large imported component
5. Discussion and answering questions
6. Concluding Session
• Key Learning & Action Plan, Open session
• Feedback

Mr. Amitabha Banerjee is an Engineer (IIT-Kharagpur), MBA (Univ of Rochester, USA) and Certified Associate of the Indian Institute of Bankers.
He has 35 years of corporate banking experience in India and overseas, working with HSBC, Emirates Bank, Oman Intnl bank and the Government of Dubai. He has taught various banking related subjects at RBI Bankers Training College, Institute of Materials Management, National Institute of Bank management, Training Colleges of the Central banks of UAE and Oman etc. During his years in Corporate banking he has had extensive experience in Trade Finance and Foreign Exchange and has managed Trade Finance services of several banks in India and abroad.

In our workshop, we maximize knowledge assimilation in the participants through combination of execution elements like case discussions, exercises, simulated games and activities, video led sessions and discussions on global best practices. At the end of each workshop we facilitate the participants to distill Key Learning and prepare Action plans to deliver solid business results for our clients.

NR Performance EDGE Consultants Pvt. Ltd.