Currency Management (Risk, Strategy & Asset Management)

Module 1:

1) A Strategic View of Currency Management

Module 2:

2) The Banknote Life-Cycle, Risk Management & Public Engagement

Introduction: the currency life-cycle New challenges in currency management Contingency and interruption planning Talking money: the public and banknotes

3) Demand Forecasting, Fitness Standards (soiled notes), Sorting and Distribution

Forecasting the demand for banknotes

Fitness standards and key aspects of note sorting and processing

Distributing cash from multiple vaults and locations, security checklist for cash remittance, currency chests

Value for money: working with external suppliers

Module 3:

4) New Directions in Banknote Design

Banknote designs: comparison and appraisal

Case study

5) Foreign Exchange Management

Best practices across the Central Banks of various emerging and developed economies

Benefits of the global foreign exchange markets

Foreign Currency Exchange and its Management

Module 4:

6) Some local aspects / latest features introduced by various central Banks.

Designing Aspects

Security features against counterfeiting

7) Distribution, Processing, Destruction, and ATM

Module 5:

8) Treasury management

Treasury vs cash management

Currency hedging

Current and capital account management

Regulation of money

Emerging challenges in the currency life-cycle