{
  "title": "Virtual : Monetary Policy Implementation - Foreign Exchange Operations",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2023/mpissa23-05v",
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  "summary": "Selected central banks from the APD region by invitation.",
  "publishDate": "2023-03-10",
  "sections": [
    {
      "heading": "Training Program",
      "content": "- Session No.: SA 23.05 V\n- Delivery Method: Virtual Training\n- Location: New Delhi, India\n- Date: January 10-12, 2023 (1 week)\n- Primary Language: English\n- Deadline: Deadline passed"
    },
    {
      "heading": "Target Audience",
      "content": "- Central bank officials from CDOT and SARTTAC member countries.\n- Selected central banks from the APD region by invitation."
    },
    {
      "heading": "Qualifications",
      "content": "- Participants are expected to be involved in monetary and FX policy/or monetary and FX operations.\n- Participants are expected to work in either a monetary and FX policy, and/or a monetary and FX operations departments.\n- No other pre-requisites are imposed."
    },
    {
      "heading": "Course Description",
      "content": "- Continuation of the joint SARTTAC-CDOT course on monetary policy implementation. Earlier segments included:\n  - i) interest rate corridor (August 2021);\n  - ii) central bank daily liquidity management (October 2021);\n  - iii) collateral framework for central bank liquidity-providing operations (January 2022);\n  - iv) Emergency Liquidity Assistance/Lender of last resort (April 2022);\n  - v) Reserve Requirements (July 2022); and\n  - vi) Reference Exchange Rate (October 2022).\n- Course format: virtual.\n- Focus: principles and country experiences about Foreign Exchange (FX) Operations.\n- Observations presented:\n  - Central banks use Foreign Exchange Operations for different objectives depending to their main goals.\n  - Some central banks use rule-based and some discretionary FX operations.\n  - Transparency of FX operations differs by country.\n- Structure:\n  - Day 1: Asad Qureshi will present a general guidance on Foreign Exchange Operations.\n  - Days 2 and 3: invited central banks will present a case study to share their experiences and challenges.\n  - Ample room for Q&A."
    },
    {
      "heading": "Course Objectives",
      "content": "- Improve understanding of Foreign Exchange Operations.\n- Exchange of experiences with central banks from the region."
    }
  ],
  "bullets": [
    "Session No.: SA 23.05 V",
    "Delivery Method: Virtual Training",
    "Location: New Delhi, India",
    "Date: January 10-12, 2023 (1 week)",
    "Primary Language: English",
    "Deadline: Deadline passed",
    "Central bank officials from CDOT and SARTTAC member countries.",
    "Selected central banks from the APD region by invitation.",
    "Participants are expected to be involved in monetary and FX policy/or monetary and FX operations.",
    "Participants are expected to work in either a monetary and FX policy, and/or a monetary and FX operations departments.",
    "No other pre-requisites are imposed.",
    "Continuation of the joint SARTTAC-CDOT course on monetary policy implementation. Earlier segments included:",
    "Course format: virtual.",
    "Focus: principles and country experiences about Foreign Exchange (FX) Operations.",
    "Observations presented:",
    "Structure:",
    "Improve understanding of Foreign Exchange Operations.",
    "Exchange of experiences with central banks from the region."
  ],
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  "generatedAtUtc": "2026-09-29T19:56:20.548Z"
}