Managing International Trade Risk and Hedging Currency Volatility

Course Overview

The audit trail behind trade risk and currency hedging matters as much as the decision itself. In finance the difference between a healthy position on currency hedging and a dangerous one is often a single assumption. Work is grounded in real cases drawn from this strand of financial and banking practice, which each participant adapts to conditions in their own organisation. Organisations that document trade risk and currency hedging properly resolve disputes about it far more quickly. Moving this part of financial and banking practice from written policy into daily practice is not achieved by a single decision. Participants come from operational and oversight roles, and both perspectives on currency hedging are used deliberately. The programme takes participants through trade risk and currency hedging end to end, from framing the problem to closing it out. Participants gain a realistic view of what currency hedging costs and what it returns. The closing exercise tests whether the participant's plan for this area of financial and banking practice survives a hostile question.