Introduction:
Importers and exporters who have payables and receivables in foreign currency are exposed to foreign exchange (FX) risk. During volatile exchange rate fluctuations, profits of companies may be eroded by adverse movements in foreign currency exchange rates if foreign currency exposures are not properly hedged. In extreme cases, foreign exchange losses may come to millions of ringgit and can adversely impact the bottom line of companies.

Learning Objectives:
At the end of the program, the participants would be able to understand:

• 1. the foreign exchange market;
  2. how exchange rates are quoted;
  3. factors affecting the movement of exchange rates;
  4. currency exposures and the different types of FX risk;
  5. why FX risk must be managed;
  6. steps in the management of FX risk;
  7. the various hedging tools and techniques; and
  8. Enable participants to calculate FX positions, profit and loss and recommend/implement FX risk management strategies for the company.

Target Group:

This program will benefit anyone who requires a good practical understanding of foreign exchange, the associated risks, risk management techniques and strategies. This includes Managing Directors, CEOs, Directors, Financial Controllers, Finance Managers, Treasurers, FX Risk Managers and their staff.