Central Bank Foreign Exchange Operations

Source details

Session No.: SA 26.05
Location: New Delhi, India
Date: April 27-30, 2026 (1 week)
Delivery Method: In-person Training
Primary Language: English
Status: Deadline passed
Target Audience:
- Central bank officials involved in FX operations and FX market development
Qualifications:
- Participants should possess a background in economics or finance, relevant work experience in central banking, and a basic understanding of FX operations and market dynamics.

Central Bank FX operations and Reference Exchange Rate methodology
Principles and strategies for conducting FX interventions
Case studies from central banks operating under various FX regimes
Implications of new Multi-Currency Practice (MCP) policies on FX operations and reference exchange rates
Challenges in communicating FX policies and operations across different FX regimes
FX market development components:
- Introduction of the FX global code
- Electronic trading platforms
- FX derivatives

Blend of lectures and discussions
Substantial time allocated for individual central bank case studies
Emphasis on peer-to-peer learning due to diverse FX regimes among participating central banks
Concluding panel discussion where experts summarize key insights and explore opportunities for implementing best practices in FX operations

Enhance understanding of FX operations among central bank officials.
Discuss the methodology for calculation reference exchange rates.
Analyze case studies from central banks in different FX regimes.
Address challenges in communicating FX policies and operations.
Explore the implications of new Multi-Currency Practice (MCP) policies.
Discuss the role of central banks for improving FX market functioning.
Facilitate knowledge sharing through country case studies and professional discussions.