Course Objectives:

• To understand global foreign exchange market mechanisms, rate determinations, and economic drivers.
• To interpret and evaluate spot, forward, futures, options, and swap currency instruments.
• To identify and quantify transaction, translation, and economic exposure risks.
• To design and execute practical derivative hedging strategies for corporate risk mitigation.
• To build conceptual clarity on FEMA, 1999, and its distinction from FERA, 1973.
• To accurately classify Current Account versus Capital Account transactions and enforce LRS guidelines.
• To understand the regulatory roles of the RBI, Authorized Dealer (AD) banks, KYC, and AML frameworks.
• To master export-import (EXIM) compliance procedures, trade documentation, and settlement mechanisms.
• To apply statutory frameworks governing FDI, FPI, ODI, ECB, and sectoral caps.
• To identify contraventions, navigate compounding processes, and minimize legal penalty risks.
• To perform mock FEMA filings, documentation procedures, and practical compliance reporting.