News & Announcement

Dear Sir/Madam,

Rajwade Treasury Consultants LLP is pleased to announce a two day training programme on “Derivatives & Forex Risk Management” to be held at Hotel Sahara Star, Mumbai from 9.30 am to 5.30 pm on May 25th & 26th, 2017.

The programme provides an opportunity to understand the functioning of the forex markets, the risks and objectives pertinent to forex exposures, the derivative instruments available for hedging, as well as short and medium term financing and hedging alternatives. The programme would cover not just the risk management issues but also the relevant accounting, taxation and regulatory aspects in the treatment of forex derivatives.

The programme will cover the following topics:

• Overview of Forex market
• Derivatives – Forward Family, Option Family and Complex Products, OTC and Exchange Traded
•  Transaction appropriateness of Derivatives, Hedging v/s Trading, Hedge Effectiveness
•  Hands-on exercises
• Trade Finance – Economics of Buyers’ Credits, PCFC, EEFC Accounts
• Risk Management – Short Term and Medium Term Exposures

The programme would be found useful by Finance/Treasury professionals in banks, companies and NBFCs.

The fee is Rs. 17,000 per participant plus service tax @ 15% (including KKC 0.5% and SBC 0.5%). The fee includes tea, coffee, refreshments, lunch and course material.

We request those interested to contact the undersigned and send the registration form along with a cheque / DD for Rs 19,550 per person favouring “Rajwade Treasury Consultants LLP” and courier it by 15th May 2017, to our office address (as given below):

9, Sumer Kendra, Ground Floor,
Pandurang Budhkar Marg,
Behind Mahindra Towers, Worli,
Mumbai – 400 018

Please feel free to contact us for any clarification or query. We look forward to your participation. Enclosed are the corporate brochure, the programme outline and the registration form for your kind perusal.

Dear Sir/Madam,

Rajwade Treasury Consultants LLP is pleased to announce a two day training programme on “Derivatives & Forex Risk Management” to be held at Hotel Sahara Star, Mumbai from 9.30 am to 5.30 pm on May 25th & 26th, 2017.

The programme provides an opportunity to understand the functioning of the forex markets, the risks and objectives pertinent to forex exposures, the derivative instruments available for hedging, as well as short and medium term financing and hedging alternatives. The programme would cover not just the risk management issues but also the relevant accounting, taxation and regulatory aspects in the treatment of forex derivatives.

The programme will cover the following topics:

• Overview of Forex market
• Derivatives – Forward Family, Option Family and Complex Products, OTC and Exchange Traded
• Transaction appropriateness of Derivatives, Hedging v/s Trading, Hedge Effectiveness
• Hands-on exercises
• Trade Finance – Economics of Buyers’ Credits, PCFC, EEFC Accounts
• Risk Management – Short Term and Medium Term Exposures

The programme would be found useful by Finance/Treasury professionals in banks, companies and NBFCs.

The fee is Rs. 17,000 per participant plus service tax @ 15% (including KKC 0.5% and SBC 0.5%). The fee includes tea, coffee, refreshments, lunch and course material.

We request those interested to contact the undersigned and send the registration form along with a cheque / DD for Rs 19,550 per person favouring “Rajwade Treasury Consultants LLP” and courier it by 15th May 2017, to our office address (as given below):

9, Sumer Kendra, Ground Floor,
Pandurang Budhkar Marg,
Behind Mahindra Towers, Worli,
Mumbai – 400 018

Please feel free to contact us for any clarification or query. We look forward to your participation. Enclosed are the corporate brochure, the programme outline and the registration form for your kind perusal.

MUMBAI (Jan 25) — The Indian rupee will likely open lower against the dollar, as the greenback rebounded tracking a recovery in U.S. Treasury yields after upbeat corporate earnings outlook eased investors’ demand for safe-haven sovereign debt.

The rupee ended at 68.15 to dollar in Mumbai yesterday. Other Asian currencies were mixed.

“A rebound in the dollar index overnight and weakness in China’s currency is expected to weigh on the rupee,” a foreign exchange dealer with an export-commodity firm said. “A currency derivative expiry due later today and month-end dollar demand will further add pressure on the rupee.”

The Mumbai-based dealer expects the rupee to open around 68.15-68.20 levels and trade in a 68.00-68.50 to the dollar band. Local markets will remain shut tomorrow for Republic Day.

India’s benchmark BSE Sensex rose for a second session to close 1 % higher yesterday. Foreign investors bought 939.50 million rupees in local shares during the previous session, preliminary stock exchange data showed.

Most Asians shares rose tracking overnight gains on Wall Street. Financials and technology stocks led gains on U.S. indices amid expectations of robust quarterly earnings. Profits of S&P 500 companies likely rose 6.7% in the December quarter, according to estimates by Thomson Reuters.

The dollar index, measured against six major currencies, rose for first time in three sessions to end 0.2% higher overnight. Yield on the 10-year U.S. Treasury note rose seven basis points to 2.471%.

Data released yesterday showed, U.S. home resales fell a wider-than-expected 2.8% in December to a rate of 5.49 million units. Economists in Reuters poll had forecast sales declining 1.1 percent to a 5.52 million-unit pace in December.

Separately, Markit’s flash U.S. manufacturing Purchasing Managers’ Index jumped to 55.1 in January, its strongest since March 2015 against 54.3 advance in December.

Markets continue to fret over U.S. President Donald Trump’s protectionist stance on trade policies and a lack of clarity on his fiscal spending plans.

Yesterday in a move to expand energy infrastructure, he signed orders smoothing the path for the controversial Keystone XL and Dakota Access oil pipelines, rolling back key Obama administration environmental actions, Reuters reported.

During his inaugural address, last week, Trump vowed to put “America first,” criticizing the practice of outsourcing jobs and reiterating his protectionist stance on trade. He, however, hasn’t yet elaborated on his fiscal spending plans.

KEY FACTORS:

*The one month non-deliverable rupee forwards was 68.41 from 68.40 at previous close

*Benchmark Brent crude oil contract rose 0.4% to $55.44 per barrel in the previous session

*The U.S. dollar index was at 100.22 from 100.35 at previous close

*The SGX Nifty Futures was at 8,517.50, up 0.4% from its previous close