SEACEN Training on Analytics of Macroeconomic and Monetary Policy Management

MP2A: Analytics of Macroeconomic and Monetary Policy Management
Dates : 7 – 11 October 2019
Venue : TBC
Host : Bank of Papua New Guinea

This course emphasizes technical and analytical aspects of macroeconomic and monetary
policy management, including monetary policy transmission mechanisms, assessing the
stance of monetary policy, inflation dynamics, early warning indicators of financial instability,
exchange-rate management issues, and the implementation of macroprudential policies. It
focuses on both theory and application, using lectures together with hands-on exercises and
case studies.

Objectives
At the end of the course, participants will be able to: (1) discuss monetary policy frameworks,
transmission mechanisms, and communicating monetary policy; (2) appreciate the issues
associated with exchange-rate management and the implementation of macroprudential
policies; (3) assess the stance of monetary policy in relation to the macroeconomic conditions
facing an economy; (4) understand the channels through which monetary policy affects the
economy; and (5) evaluate the stylized facts about capital flows as well as the scope for capital
flows management measures.

Target Participants
This course is intended for middle-level officers or technical staff whose work involves
macroeconomic surveillance and analysis of monetary policy. Participants should have at
least two years’ relevant working experience and be familiar with basic econometrics and the
use of econometric software such as EViews.

Kina exchange rate (MIDRATE)

Last Updated:
Released:03/10/2022

USD 0.2840
AUD 0.4402
EUR 0.2891
GBP 0.2524
JPY 41.13
NZD 0.5021
SGD 0.4072

Kina Facility Rate:

    • Oct 2022 3.25%
    • Sep 2022 3.25%
    • Aug 2022 3.25%
    • Jul 2022 3.25%
    • Jun 2022 3.00%
    • May 2022 3.00%
    • Apr 2022 3.00%
    • Mar 2022 3.00%
    • Feb 2022 3.00%
    • Jan 2022 3.00%
    • Dec 2021  3.00%
    • Nov 2021  3.00%
    • Oct 2021  3.00%
    • Sep 2021  3.00%
    • Aug 2021  3.00%
    • Jul 2021  3.00%
    • Jun 2021  3.00%
    • May 2021  3.00%
    • Apr 2021  3.00%