{
  "title": "Canceled: FX Intervention Rules A Risk-Based Framework",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/st/2024/firarbfst24-12",
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  "summary": "Back to top Qualifications Participants with experience in bank central bank operations, financial markets, and basic knowledge of quantitative methods.",
  "publishDate": "2024-02-09",
  "sections": [
    {
      "heading": "Status and Logistics",
      "content": "- Status: Cancelled\n- Session No.: ST 24.12\n- Location: Singapore, Singapore\n- Date: April 15-19, 2024 (1 week)\n- Delivery Method: In-person Training\n- Primary Language: English"
    },
    {
      "heading": "Target audience and qualifications",
      "content": "- Target Audience:\n  - Mid-level to senior central bank officials interested in market operations and monetary policy strategy.\n- Qualifications:\n  - Participants with experience in bank central bank operations, financial markets, and basic knowledge of quantitative methods."
    },
    {
      "heading": "Course description and theoretical basis",
      "content": "- Focus:\n  - How to estimate and implement foreign exchange intervention rules based on a risk approach.\n- Applicable settings:\n  - Central banks operating a flexible exchange rate arrangement, intervening on the foreign exchange market with financial and price stability objectives.\n  - Central banks transitioning from a fixed exchange rate arrangement to a floating exchange rate arrangement.\n- Coverage:\n  - The theoretical background for risk-based FX interventions.\n  - The econometric theory of risk estimation.\n  - A complete application on a country case.\n- Reference:\n  - The theory of risk-based FX interventions is explained in the IMF Working Paper No. 21/32 (Lafarguette and Veyrune 2021)."
    },
    {
      "heading": "Course objectives",
      "content": "- Upon completion participants should be able to:\n  - Implement an FX risk model that can be used for conducting FX market monitoring and inform policymakers decisions.\n  - Implement an FX risk model for intervening on the FX markets via a risk-optimal approach.\n  - Implement an FX risk model for benchmarking past FX interventions (even discretionary-based)."
    }
  ],
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    "Status: Cancelled",
    "Session No.: ST 24.12",
    "Location: Singapore, Singapore",
    "Date: April 15-19, 2024 (1 week)",
    "Delivery Method: In-person Training",
    "Primary Language: English",
    "Target Audience:",
    "Qualifications:",
    "Focus:",
    "Applicable settings:",
    "Coverage:",
    "Reference:",
    "Upon completion participants should be able to:"
  ],
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  "generatedAtUtc": "2026-09-29T20:38:25.946Z"
}
