Introduction to foreign exchange training

Workshop: This will provide WA Public Sector employees with an understanding of foreign exchange in the procurement context.
Last updated: 19 September 2023

This workshop provides an overview of the foreign exchange market, an introduction to basic conventions and terminology, the impact of FX risk in the procurement process and discusses the role of Western Australian Treasury Corporation (WATC) in assisting agencies.

Who is this training suitable for?

This workshop is suitable for WA Public Sector employees involved in procurement processes including contract management, with varying degrees of experience and knowledge.

You will learn

You will gain knowledge of foreign exchange to support a successful procurement process including:

  • Who WATC is
  • Foreign exchange services
  • Fundamentals of foreign exchange
  • Foreign exchange market concepts
  • Why foreign exchange risk matters within procurement
  • Identifying foreign exchange exposures
  • Evaluation impacts
  • Managing foreign exchange risk within procurement and contract management

Upcoming sessions:

There are currently no sessions available for this course.

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