Analysing Economic Factors Influencing Exchange Rates

Course Overview

Regulators no longer accept intent as evidence of control over economic drivers of exchange rates. Models supporting exchange rates fail quietly, and usually at the worst moment. Content is organised around the decisions practitioners actually face in the financial and banking practice discipline, not around theory headings. Exercises escalate in difficulty, ending with the ambiguous situations that make economic drivers of exchange rates hard in practice. The difficulty is not agreeing that the practice within financial and banking practice matters — it is deciding what to stop doing to make room for it. The content is relevant to those who own exchange rates and to those who are held accountable for its results. Participants gain a realistic view of what economic drivers of exchange rates costs and what it returns. Mature organisations treat exchange rates as a standing capability rather than a project that finishes. The final module sets out how progress on this part of financial and banking practice will be evidenced six months later.