Central Bank Of India Treasury Training Program
Jul 24, 2024
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We are excited to share that our Central Bank of India Treasury Training Program was a tremendous success on June 29th and 30th, 2024
A big shoutout to our esteemed industry experts who made the event a memorable experience:
Mr. V. Thyagarajan, Chairman, SYFX Treasury Foundation
started off the program early with a meet and greet with the Central Bank Treasury team at their offices on Friday and an introductory session. On the next day, Thyagu sir delved into Traditional Charting methods such as Trend Analysis, Supports and Resistance, Reversal and Continuance Patterns, Envelopes and Moving Averages.
Mr. B. Yeshwant Rao - Board Advisor, First Basis
covered some of the most challenging and interesting topics in the program including Oscillators and Divergence Analysis, Bollinger Bands, Fibonacci Retracements, EW basics, uses of MACD, EW with MACD and channeling etc.
Mr. Vivek Kumar, Economist, Quanteco Research
started off the Saturday morning session with basics such as Introducing Currencies, terminologies, Interpretation of the Moves followed by relevant topics like Economies and Currencies: A primer to economic Indicators, Interest Rates and Currency Markets , and Interpreting Market Positioning.
Mr. Alok Sharma, Ex Managing Director, Bank of America
appeared on video call from Singapore to have a deep conversation on the career of Dealers, his experience in the markets and the future of the profession.
A heartfelt thank you to our incredible speakers for sharing their expertise and to all the enthusiastic participants for their engagement and enthusiasm throughout the program. Your passion for learning made this event truly special!
We look forward to more such opportunities for growth and learning. Stay tuned for upcoming events and training sessions
Frequently Asked Questions
What is the role of a treasury team in a corporation?
A treasury team manages an enterprise's holdings, with the ultimate goal of maximizing the firm's liquidity and mitigating its operational, financial and reputational risk. They ensure that the company has enough cash flow to meet its obligations and optimize the management of its financial assets. Treasury team. Treasury of a business is responsible for managing the FX / Currency Risk primarily.
What are the Objectives of Forex Risk Management?
·Cost Reduction
Containing Losses
Optimising Exchange Gain
Protect Operating Profit and Balance Sheet
Achieve Budget & Targets
Insure against Adverse Exchange Rate Movements
How to Achieve these Objectives?
Determine the nature of exposure
Evaluate the risks and rewards
Decide targets & strategies to safeguard against currency risk
Formulate policies for day-to-day operations
Strong MIS Reporting system
Periodical review of performance & strategy
Single treasury concept for forex & money market
How do interest rates impact currency markets?
Interest rates influence currency markets by attracting or repelling investment. Higher interest rates generally attract foreign capital, increasing demand for the currency and strengthening it. Conversely, lower rates may lead to outflows and currency depreciation.
What are the major economic indicators affecting currency values?
Key economic indicators include GDP growth, inflation rates, employment data, and trade balances. These indicators reflect a country's economic health and influence investor sentiment and currency values.
Why is understanding demand and supply important in currency markets?
Understanding demand and supply is crucial because these fundamental principles determine currency values. Changes in demand or supply can significantly impact exchange rates and market dynamics.
How can one stay updated with the latest trends in currency markets?
Staying updated requires continuous learning and monitoring of economic news, market analysis, and financial reports. Subscribing to financial news platforms, attending industry seminars, and engaging in professional networks can also help stay informed.