Background.

In today’s interconnected and fast-paced business environment, organizations grapple with effectively managing foreign exchange risks. The dynamic nature of global markets and the rapid expansion of cross- border financial transactions introduce volatility, leaving organizations vulnerable to fluctuations in currency values that can profoundly impact their financial performance. For many businesses, the impact of exchange rate volatility can be significant, especially when they trade globally or have operations and investments in other countries. Managing risks associated with exchange rate fluctuations is important to these businesses for reducing their vulnerabilities from the movements as it can adversely affect profit margins and asset value.

The management of foreign exchange risk transcends mere compliance or operational necessity; it represents a strategic imperative for organizations striving to thrive amidst today’s turbulent conditions. By taking proactive measures to address this risk through implementing appropriate hedging strategies and risk management practices, businesses can effectively manage currency risk, protect against adverse exchange rate movements, bolster their resilience, and create value for stakeholders in an interconnected and digitally driven world.

Therefore, it is essential to evaluate hedging strategies in the context of the organization’s specific risk profile, operational requirements, and strategic objectives to optimize risk-adjusted returns and enhance long-term value creation. And it is against this background that FITC in partnership with LCCI is organizing a 2-day programme titled Measuring and Managing Risks in Foreign Exchange Rate Volatility – Hedging Strategies that create Value. This course is designed to equip participants across sectors with the requisite knowledge, skills, and insights to navigate the challenges of exchange rate fluctuations successfully and secure value for their businesses amidst uncertainty.

Target Audience:

Professionals who have functions of treasury, global trade & markets, financial control, market risk, operational risk, liquidity risk, data analysis, investment analysis, portfolio management, audit and compliance, and internal control. Business owners, SMEs, Entrepreneurs, manufacturers, academia, and individuals who want to excel and thrive in these challenging times.

Learning Outcomes

At the end of this course, participants will be able to:

• Identify structured approaches to measure and manage foreign exchange risks.
• Develop the skills and knowledge necessary to design and implement effective risk management strategies that safeguard organizational value amidst turbulent market conditions.
• Foster adaptability and innovation within their organizations, enabling proactive response to evolving foreign exchange challenges.

Learning Objectives

• Develop hedging techniques to mitigate foreign exchange risks.
• Explore emerging technologies and trends in risk management to stay ahead of evolving threats.
• Assess the impact of regulatory requirements and compliance obligations on risk management practices.
• Evaluate the effectiveness of risk management strategies and adapt them to changing organizational needs and market dynamics.

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