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
Please note that this training is provided by the Department of Finance and funded for state public sector employees and Government Trading Enterprises. However, we encourage those in local government to submit an expression of interest. This will form a waitlist for sessions that have low enrolments, we will contact you when places become available.
Please register your interest through our EOI form.
For more information, please contact ProcEducation@finance.wa.gov.au
