FOREIGN EXCHANGE FX Expertise With on-the-ground presence in 10 African countries and an extensive track record in a further 20 countries, we enable trade across a range of foreign exchange products on OTC and exchange-traded markets. Connect with an expert Absa | Corporate and Investment Banking > Global Markets > Foreign Exchange World-leading industry and product expertise for African FX executions. We offer world-class foreign exchange (FX) risk management solutions for our corporate, business and institutional clients, through our market-leading and award-winning Global Markets products and services. Our extensive experience and deep local knowledge is underpinned by our global standards and robust governance. With our global connectivity and local differentiation, we operate at the core of your organisation’s Africa strategy. FX Series Find out more about Absa’s expectations for FX in 2021 and onwards in this series of podcasts by Mike Keenan, our Head of Fixed Income and Currency Research. Featured series FX Series 5 EpisodesIn this series, we bring you the latest Coffee Break Commerce podcasts by Mike Keenan, our Head of Fixed Income and Currency Research. Despite disruptive events of 2020 that continue to roll into 2021, Absa’s forecast for the rand remains bullishly positive with research forecasting recovery.Find out more about these expectations, the impact of the current account deficit on the exchange rate and planning within this volatile and unpredictable landscape.MORE Episode 01Tracking the seasonality of the rand Episode 02Tracking the seasonality of the doller Episode 03Tracking the seasonality of the pound View all episodes Latest Podcasts Episode 29 Mike Keenan Head of Fixed Income and Currency Research Absa Group FX Series Interest rates: cuts, consequences and currency reactions After an interest rate cut in South Africa and a jumbo rate cut in the United States, what’s next for currencies like the rand? Find out in this episode of Coffee Break Commerce. Episode 28 Mike Keenan Head of Fixed Income and Currency Research Absa Group FX Series Doctor Copper’s Foreign Exchange Prognosis The copper price is one of the best predictors of global economic and foreign exchange (forex, or FX) trends. In this episode of Coffee Break Commerce we explain why rand investors should pay closer attention to Doctor Copper. Episode 27 Mike Keenan Head of Fixed Income and Currency Research Absa Group FX Series Rands, Dollars, and Hamburgers What is the Big Mac Index, and what is it telling us about the value of the rand? We take a bite out of this foreign exchange (forex, or FX) yardstick in the latest episode of Coffee Break Commerce. Load More × Download Brochures Unlocking your potential with insight and sustainable solutions. FX Interactive Brochure Download Brochure FX Expertise Blog Explore what’s possible RISK MANAGEMENT 2024: The Year in FX Ross Long, Head of Foreign Exchange for the Absa Group, reflects on the factors that shaped FX markets in 2024 and how they influenced the value of the rand. Read more RISK MANAGEMENT Unlocking Liquidity in Local Credit Markets Sibulele Mahalepa, Credit Strategist at Absa Corporate and Investment Banking, examines the low liquidity in South Africa’s ZAR1 trillion credit market and explores how increased transparency could solve the problem. Read more RISK MANAGEMENT Black Friday, the Rand and the Trump Effect Paul Fenwick, CFA: FX Desk Head Markets at Absa Corporate and Investment Banking, explains how the rand’s reaction to the US election will – and won’t – impact retailers ahead of the Black Friday sales Read more RISK MANAGEMENT AI and stablecoins in the new world of digital banking Richard Southey, Chief Digital and Experience Officer, Absa CIB, examines the growth in digital payments and reveals Absa’s focus areas in the digital banking environment. Read more Podcasts Interest rates: cuts, consequences and currency reactions After an interest rate cut in South Africa and a jumbo rate cut in the United States, what’s next for currencies like the rand? Find out in this episode of Coffee Break Commerce. RISK MANAGEMENT FX Hedging in the Age of Big Data and AI Digital technologies like AI and machine learning highlight why corporate treasurers need a data-enabled FX provider. Read more RISK MANAGEMENT Women In Global Markets Share Their Stories Banking is no longer the “boys club” it once was. Absa’s success is built on the priceless contributions of its female staff. In this video Vuyo Mafrika, Head of Clients Solutions Group for the Africa Regional Operations; Mpume Myeza, Head: Corporate FX Flow at Absa CIB; and Bulelwa Soyamba, Director of Structured Sales at Absa CIB; share their experiences of being a woman in banking, and offer some advice to their younger peers. RISK MANAGEMENT How digital currencies are changing the FX landscape Digital currencies – whether stablecoins or issued by central banks – are disrupting the cross-border payment space. What are the risks and opportunities for corporate treasurers? Read more Podcasts Doctor Copper’s Foreign Exchange Prognosis The copper price is one of the best predictors of global economic and foreign exchange (forex, or FX) trends. In this episode of Coffee Break Commerce we explain why rand investors should pay closer attention to Doctor Copper. RISK MANAGEMENT A “euro’’ for Africa is closer than you think Africa is still many years away from a common currency, but for businesses across the continent, PAPSS is ably filling the gap. Read more Podcasts How The AfCFTA will enable digital trade In this podcast, we explore the opportunities of the African Continental Free Trade Area’s protocol on digital trade. What will it mean for cross-border trade, and what do African businesses need to know? RISK MANAGEMENT Why Africa can be the beating heart of South Korea’s technology industry Tshepo Ncube, Head: International Coverage and Bhavtik Vallabhjee, Head: Power, Utilities & Infrastructure at Absa CIB reflect on their recent visit to South Korea, examining why investors in the region have their eyes set on Africa to nurture healthy investment possibilities. Read more OUR TRACK RECORD Feedback from our clients “Absa provided us with advice on matters related to project finance and maximising interest income on excess cash. The service received has been outstanding and we have had better-than forecasted interest earnings as a result of the guidance and restructuring provided by Absa CIB. We have also received substantial support for decision making purposes when it comes to financial instruments held with Absa.” Dorper Wind Farm – South Africa President, Trade Association - Africa "Absa has been a partner bank to ACWA Power since our first successful project bid, providing the group with project financing, working capital as well as mandated as the account bank for the project. Absa has provided great value through its service, tailored solutions, valuable insights and advisory to the group." ACWA Power – UAE and Africa President, Trade Association - Africa "As a partner bank to Marubeni for over 6 years, the Absa team has provided awesome service in assisting us to establish our South Africa office. Their always-available attitude has supported us to facilitate our entry into both the South African and African Market." Marubeni Middle-East & Africa Power Limited – Japan President, Trade Association - Africa "Having a Pan-African banking partner is very important to the group as it gives us a competitive advantage in the market. We are now able to go for the projects we want because we have a partner bank that understands our business and is ready to help us materialise our growth ambitions in the continent." Gransolar Group – Spain President, Trade Association - Africa Contact Form Share your details with us and a banking expert will get in touch you at your convenience. 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